Buy to Let

Buy to Let products designed for your clients' situations

If your client has a complex income, portfolio of properties, or are recently self-employed, we may be able to help. Our products are designed for your clients who fall outside the criteria of major lenders, with competitive rates starting from 3.28%.

 


Download our Buy to Let documentation here: 

Buy to Let products

Placing your Buy to Let case

Remember to consider all the terms available when you're looking to place a case. Our 5 year products are d=stressed at the pay rate, whereas our 2 year products are stressed at a notional rate. 

Also, don’t forget, we don’t stress any other property in their portfolio, we just need them to be self-financing.

  • Pepper6For clients who haven't had a CCJ or default in the last 6 months.

     

    5 Year Fixed
    LTV Initial Rate Comp Fee Rental Calculation
    (140% x)
    Reversion Rates
    (Libor +)
    70% 4.98% 2% 4.98% 5.75%
     ERC 4%, 4%, 3%, 3%, 2% 
    CCJs/Defaults

    0 in 6 months
    (max 2 in months 7 to 12)

    Mortgage/Secured Arrears

    0 in 12 months
    (No arrears balance in last 6 months)

    Unsecured Arrears

    Fixed term - None in the last 6 months

    Revolving credit - Missed payments considered

    We will ignore 2 individual defaults (per application) up to and including £150 each where these defaults relate to utilities, communications or mail order providers

  • Pepper12For clients who haven't had a CCJ or default in the last 12 months.

     

    5 Year Fixed
    LTV Initial Rate Comp Fee Rental Calculation
    (140% x)
    Reversion Rates
    (Libor +)
    70% 4.83% 2% 4.83% 5.25%
    75% 4.88% 4.88% 5.50%
     ERC 4%, 4%, 3%, 3%, 2% 
    CCJs/Defaults

    0 in 12 months

    Mortgage/Secured Arrears

    0 in 12 months
    (No arrears balance in last 6 months)

     Unsecured Arrears

    Fixed term - None in the last 6 months

    Revolving credit - Missed payments considered

    We will ignore 2 individual defaults (per application) up to and including £150 each where these defaults relate to utilities, communications or mail order providers

  • Pepper18For clients who haven't had a CCJ or default in the last 18 months.

     

    5 Year Fixed
    LTV Initial Rate Comp Fee Rental Calculation
    (140% x)
    Reversion Rates
    (Libor +)
    70% 4.17% 2% 4.17% 4.95%
    75% 4.37% 4.37% 5.20%
    80% 4.77% 4.77% 5.45%
     ERC 4%, 4%, 3%, 3%, 2% 
    CCJs/Defaults

    0 in 18 months

    Mortgage/Secured Arrears  0 in 18 months
    (No arrears balance in last 6 months)
    Unsecured Arrears

    Fixed term - None in the last 6 months

    Revolving credit - Missed payments considered

    We will ignore 2 individual defaults (per application) up to and including £150 each where these defaults relate to utilities, communications or mail order providers

  • Pepper24For clients who haven't had a CCJ or default in the last 24 months.

     

      2 Year Fixed 5 Year Fixed Reversion Rates
    (Libor +)
    LTV Initial Rate Comp Fee Rental Calculation
    (140% x)
    Initial Rate Comp Fee Rental Calculation
    (140% x)
    70% 3.48% 2% 7.49% 3.53% 2% 3.53% 4.70%
    75% 3.63% 7.74% 3.63% 3.63% 4.95%
    80% 3.89% 7.99% 3.92% 3.92% 5.20%
     ERC  3%, 2% 4%, 4%, 3%, 3%, 2% 
    CCJs/Defaults 0 in 24 months 
    Mortgage/Secured Arrears

    0 in 24 months
    (No arrears balance in last 6 months)

     Unsecured Arrears

    Fixed term - None in the last 6 months

    Revolving credit - Missed payments considered

    We will ignore 2 individual defaults (per application) up to and including £150 each where these defaults relate to utilities, communications or mail order providers

  • Pepper36For clients who haven't had a CCJ or default in the last 36 months.

     

      2 Year Fixed 5 Year Fixed Reversion Rates
    (Libor +)
    LTV Initial Rate Comp Fee Rental Calculation
    (140% x)
    Initial Rate Comp Fee Rental Calculation
    (140% x)
    65%   3.38% 2% 3.38% 4.70%
    70% 3.37% 1% 7.49% 3.48% 3.48% 4.70%
    75% 3.48% 7.74% 3.58% 3.58% 4.95%
    80% 3.85% 7.99% 3.88% 3.88% 5.20%
     ERC  3%, 2% 4%, 4%, 3%, 3%, 2% 
    CCJs/Defaults 0 in 36 months
    Mortgage/Secured Arrears 0 in 36 months
    (No arrears balance in last 6 months)
     Unsecured Arrears

    Fixed term - None in the last 6 months

    Revolving credit - Missed payments considered

  • Pepper48For clients who haven't had a CCJ or default in the last 48 months.

     

      2 Year Fixed 5 Year Fixed Reversion Rates
    (Libor +)
    LTV Initial Rate Comp Fee Rental Calculation
    (140% x)
    Initial Rate Comp Fee Rental Calculation
    (140% x)
    65%   3.28% 2% 3.28% 4.00%
    70% 3.35% 1% 6.79% 3.38% 3.38% 4.00%
    75% 3.45% 7.04% 3.48% 3.48% 4.25%
    80% 3.83% 7.29% 3.78% 3.78% 4.50%
     ERC  3%, 2% 4%, 4%, 3%, 3%, 2% 
     CCJs/Defaults 0 in 48 months
    Mortgage/Secured Arrears 0 in 48 months
    (No arrears balance in last 6 months)
    Unsecured Arrears

    Fixed term - None in the last 6 months

    Revolving credit - Missed payments considered

LIBOR = 0.79%, set 16 September 2019 | Application fee across all products just £135

Got a question

To discuss a case, or find out more about our products, call our experienced team of Telephone BDMs on 03333 701 101.

Ready to submit? Log into the application portal to get started, or register if it's your first case with Pepper Money.

Our Telephone BDM Team