Residential

Residential products designed for your clients' situations

If your client has a complex income, a young credit history, accidentally missed payment, experienced previous financial difficulties or are recently self-employed, we may be able to help. Our products are designed for your clients that fall outside the criteria of major lenders, with competitive rates starting from 2.90%.

 


Download our Residential documentation here: 

CCJs or defaults more than 6 months old? 

We believe a less-than-perfect credit history needn't be the end of the story for clients looking for a mortgage. That's why our lending decisions are based on individual underwriting.

If your client has a CCJ or default from more than 6 months ago, is or has been in a Debt Management Plan, or is self-employed with just one year's trading accounts - give us a call.

  • Limited Edition: Remortgage Only with Free Valuations*

    With Free Valuations*

     



      2 Year Fixed 5 Year Fixed
           
    LTV Initial Rate Comp Fee Initial Rate Comp Fee Reversion Rates
    (Libor +)
    CCJs/Defaults Mortgages/ Secured Arrears  Unsecured Arrears
    Pepper 48 70%   3.88% £0 4.45% 0 in 48 months 0 in 48 Months
    (No arrears balance in last 6 months) 

    Fixed term
    None in the last 6 months

    Revolving credit
    Missed payments considered


    For Pepper 6-24 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.

    75% 3.43% £0 3.98% 4.60%
    80% 3.63% 4.18% 4.85%
    85% 3.93% 4.33% 5.10%
    Pepper 36 70%   3.88% £0 4.45% 0 in 36 months 0 in 36 months
    (No arrears balance in last 6 months)
    75% 3.43% £0 3.98% 4.60%
    80% 3.63% 4.18% 4.85%
    85% 3.93% 4.33% 5.10%
    Pepper 24 70% 4.05% £0 4.17% £0 4.45% 0 in 24 months 0 in 24 months
    (No arrears balance in last 6 months)
    75% 4.15% 4.27% 4.60%
    80% 4.40% 4.48% 4.85%
    85% 4.66% 4.74% 5.10%
    Pepper 18 70% 4.13% £0 4.56% £0 4.75% 0 in 18 months 0 in 18 months
    (No arrears balance in last 6 months)
    75% 4.29% 4.80% 4.90%
    80% 4.60% 4.99% 5.15%
    85% 5.04% 5.33% 5.40%
    Pepper 12 70% 4.18% £0 4.62% £0 5.05% 0 in 12 months 0 in 12 months
    (No arrears balance in last 6 months)
    75% 4.33% 4.92% 5.30%
    80% 4.64% 5.08% 5.55%
    Pepper 6 70% 4.69% £0 4.92% £0 5.05% 0 in 6 months (max 2 in months 7-12) 0 in 12 months
    (No arrears balance in last 6 months)
    75% 4.84% 5.23% 5.30%
       ERC 3%, 2% 4%, 4%, 3%, 3%, 2%      

     

    *One free standard valuation for properties valued up to £499,999

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

     

      2 Year Fixed 5 Year Fixed

    Reversion Rates

    (Libor +)

    LTV Initial Rate Comp Fee Initial Rate Comp Fee Initial Rate Comp Fee Initial Rate Comp Fee
    70% 4.08% £995 4.54% £0 4.48% £995 4.78% £0 5.05%
    75% 4.23% 4.69% 4.78% 5.08% 5.30%
     ERC 3%, 2% 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.

     

      2 Year Fixed 5 Year Fixed

    Reversion Rates

    (Libor +)

    LTV Initial Rate Comp Fee Initial Rate Comp Fee Initial Rate Comp Fee Initial Rate Comp Fee
    70% 3.63% £995 4.03% £0 4.17% £995 4.47% £0 5.05%
    75% 3.78% 4.18% 4.47% 4.77% 5.30%
    80% 4.09% 4.49% 4.63% 4.93% 5.55%
     ERC 3%, 2% 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 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.

     

      2 Year Fixed 5 Year Fixed

    Reversion Rates

    (Libor +)

    LTV Initial Rate Comp Fee Initial Rate Comp Fee Initial Rate Comp Fee Initial Rate Comp Fee
    70% 3.58% £995 3.94% £0 4.13% £995 4.43% £0 4.75%
    75% 3.73% 4.09% 4.33% 4.63% 4.90%
    80% 4.06% 4.39% 4.58% 4.88% 5.15%
    85% 4.48% 4.85% 4.88% 5.18% 5.40%
     ERC 3%, 2% 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 Initial Rate Comp Fee Initial Rate Comp Fee Initial Rate Comp Fee
    70% 3.53% £995 3.88% £0 3.77% £995 4.07% £0 4.45%
    75% 3.63% 3.98% 3.84% 4.17% 4.60%
    80% 3.88% 4.23% 4.02% 4.38% 4.85%
    85% 4.13% 4.48% 4.38% 4.64% 5.10%
     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 Initial Rate Comp Fee Initial Rate Comp Fee Initial Rate Comp Fee
    70%   £0 3.27% £995 3.73% £0 4.45%
    75% 2.97% £995 3.28% 3.35% 3.83% 4.60%
    80% 3.07% 3.48% 3.53% 4.03% 4.85%
    85% 3.48% 3.78% 3.80% 4.18% 5.10%
     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 Initial Rate Comp Fee Initial Rate Comp Fee Initial Rate Comp Fee
    70%   £0 3.23% £995 3.73% £0 4.45%
    75% 2.90% £995 3.28% 3.30% 3.83% 4.60%
    80% 3.02% 3.48% 3.48% 4.03% 4.85%
    85% 3.38% 3.78% 3.78% 4.18% 5.10%
     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

  • Pepper DMPFor clients who are in a Debt Management Plan (DMP) or have satisfied one in the last 12 months.

     


     
    2 Year Fixed
    5 Year Fixed
    Reversion Rates Credit Criteria
      LTV Initial Rate

    Comp Fee

    Initial Rate

    Comp Fee

    Libor + CCJs/Defaults Mortgage/Secured Arrears Unsecured Arrears
    Pepper24 DMP 75%

    3.78%

    £1,295 4.13% £1,295 4.60% 0 in 24 months 0 in 24 months
    (No arrears balance in
    last 6 months)

    Fixed term

    None in the last 6 months

     

     

    Revolving credit

    Missed payments considered

    80% 4.08% 4.53% 4.85%
    85% 4.38% 4.83% 5.10%
    Pepper18 DMP 75% 3.89% 4.48% 4.90% 0 in 18 months 0 in 18 months
    (No arrears balance in
    last 6 months)
    80% 4.18% 4.78% 5.15%
    85% 4.58% 4.98% 5.40%
    Pepper12 DMP 75% 4.23% 4.83% 5.30% 0 in 12 months 0 in 12 months
    (No arrears balance in
    last 6 months)
    80% 4.73% 5.23% 5.55%
      ERC 3%, 2% 4%, 4%, 3%, 3%, 2%  

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