Help to Buy Mortgage Products
We believe in providing a simpler path to specialist Help to Buy mortgages. We are pleased to be part of the Government’s Help to Buy Equity Loan scheme, which helps buyers purchase their first property with just a 5% deposit. Your customers could borrow up to 40% equity loan of the property value for properties in London, and 20% everywhere else in England and Wales.
Whatever stage your customers are in their Help to Buy journey, Pepper Money could help. Whether they’re taking their first steps on the property ladder and looking to purchase a new build property with Help to Buy, or if they’re looking to get a new fixed rate on their existing property through remortgaging.
Our Help to Buy is suitable for an array of customers, including first-time buyers with no credit history, those who have built up unsecured credit balances or have complex income, including being self-employed, earning a variable income or day-rate contractors.
We don’t use credit scoring to make decisions, and don’t cascade applications once you’ve submitted. Instead, we value the story behind your customer’s numbers through our more human approach to underwriting, where people make decisions about people. Plus, you and your customers are supported by our excellent service standards and turnarounds, so if certainty is what you’re looking for, choose Pepper.
Our product range is structured around your customer’s most recent CCJ, Default or secured missed payment. Here’s how your next Help to Buy application could be better with Pepper.
Help to Buy Mortgage Products Rates & Criteria
Help to Buy
Help To Buy Affordability Calculator
We’re currently reviewing all applications to ensure the income is sustainable in current market conditions. Based on the information provided please find details below on what your client(s) could borrow with us.
|Indicative maximum available subject to a DIP|
|2 Year Fixed:||£150,000.00|
|5 Year Fixed:||£200,000.00|
|Number of Applicants:||Number of Children:|
|Required loan amount:||Repayment Type:|
|Term:||Years||Help to Buy Total Loan:|
|Income Applicant One|
|Primary Annual Income|
|Secondary Annual Income|
|Annual Overtime (calculated at 50%)|
|Annual Bonus or Commission (calculated at 50%)|
|Maintenance Income (calculated at 50%)|
|Commitments Applicant One|
|Mortgages or secured loans|
|Unsecured loans or hire purchase|
|Credit or store cards|
|Leasehold service charges|
These results are indicative and are meant to be used as a guide only. Should you wish to submit a DIP, it'll be subject to our full lending criteria, a credit check and an underwriter review which could result in a different value.
Please note by changing the loan amount figure you may change the loan to value. This may change the interest rate charged. If you're going to change any details we strongly recommend you start a new calculation to ensure it is as accurate as possible.
If you'd like to submit this, or any other case, you'll need to have registered with us. it's a quick and simple process and shouldn't take more than 5 minutes.
If you've already registered, please Login and complete our online application form.
As we manually underwrite all applications and consider each case on it's merits there may be times where we will lend more or less than the figure stated below. To find out exactly what your client(s) could borrow please submit a DIP.
If you see an N/A within the Maximum Loan Size box this is because we don't currently offer a rate for that Product/LTV
If you have any questions, pick up the phone and give our sales team a call on 03333 701 101 Option 4, Monday to Friday between 9am and 5pm.
Fill in your details below and we will email the results to you
Help to Buy Criteria
Need help with your mortgage case?
To discuss a case, or find out more about our products, call our experienced team. Ready to submit? Log into the application portal to get started, or register if it’s your first case with Pepper Money.