Pepper Money has repriced rates, reduced fees and simplified products on its Residential mortgage range. 

These changes were made following the Bank of England’s recent decision to increase the base rate and the continued volatility in the swap rate markets. 

The specialist lender has streamlined its offering of Pepper 48 products to cater to more customers with smaller deposits. This move supports Pepper’s commitment to helping mortgage customers who face challenges with higher LTVs. 

In addition, Pepper Money has reduced its largest Completion Fee by £200, bringing it to just £795. 

The lender has also repriced products, within Pepper 48, Pepper 36 and Pepper 24 ranges.  

Paul Adams, Sales Director at Pepper Money, says: “Ongoing volatility in the money markets is continuing to impact all lenders and brokers, with rate changes becoming a near daily occurrence. At Pepper Money, we need to respond to movements in SWAP rates just like other lenders, but we also try to introduce these changes alongside more positive improvements to our products and to support brokers with clear communication and reasonable notice periods. We will continue to do our best to support brokers during this period, our clear criteria and hands-on approach to underwriting remain unchanged and we are committed to providing new opportunities for underserved customers to access mortgage finance that fits their circumstances”.  

Paul Adams Sales Director at Pepper Money



Paul Adams,

Sales Director
at Pepper Money