Pepper (UK) Limited, part of the Pepper Group, a global financial services business, today formally launched its specialist range of mortgage products after a successful trial with Brightstar Financial, Residential Home Loans and Connect Mortgage Club.

As part of its commitment to working with high-quality distributors, Pepper is also pleased to announce the recent addition of Platinum Options Limited and 3MC to its growing panel of intermediary partners.

Pepper Homeloans provides Residential and Buy to Let mortgages to UK customers who require a more personal approach to borrowing. A recent survey* has shown that there are currently 1.7m people who do not qualify for a mortgage because of their credit history and the criteria set by the traditional lenders. Pepper’s tailored approach ensures that each application is evaluated on a case-by-case basis, without relying on automated credit scores.

Pepper has an experienced team of underwriters, who benefit from access to extensive loan performance data, drawn from the substantial back book of loans that are serviced by the company.

Pepper Homeloans offers a broad range of flexible products, with near-prime tracker rates from 3.35% and residential non-conforming tracker rates from 4.27%.

Near-prime Buy to Let tracker rates start from 3.90% and non-conforming Buy to Let tracker rates start from 4.55%.

Pepper UK is part of the Pepper Group, which currently has £20 billion of assets under management globally, £8.5 billion of which are in the UK. The Group has been a leader in the specialist mortgage industry for over a decade, with established businesses and solid experience across five international markets.