Pepper Money has made its biggest rate reduction so far this year, with rates reduced by up to 0.95%. These new rates will be available on their new range of Limited Edition Residential products. 

The specialist lender has introduced over 140 Limited Edition products with the largest rate reductions aimed at customers with recent adverse credit events and smaller deposits. Brokers have a broad variety to choose from across its Pepper 48 through to Pepper 6 range. The reductions also include its Light range, which is available for customers who have missed payments and Defaults, but no CCJs. 

Pepper Money’s new Limited Edition mortgages are available from 7.44% for a 5-year Fixed Rate on Pepper 48 Light up to 75% LTV. 

Paul Adams, Sales Director at Pepper Money, says:  

“At Pepper Money, we’re responding quickly to a fall in SWAP rates by improving our rates to ensure we provide an opportunity to customers facing challenges accessing mortgages. 

“This Limited Edition delivers brokers the combination of certainty of a decision and speed of service, for which Pepper is so well respected, alongside new, lower rates. 

Our human approach to decision-making without credit scoring will help customers who may have experienced financial difficulties and are having trouble finding options that meet their needs. Our broker partners can place an application knowing they’d be supported by our award-winning service.  

In the current climate, we understand why assessing documents and undertaking an underwriting assessment within 24 hours is so important. Moreover, you can get consistent access to our experienced team, who answer your calls in less than 1 minute on average. AVMs are also available for qualifying remortgage cases to support the enhanced processing speed.” 

Paul Adams Sales Director at Pepper Money



Paul Adams,

Sales Director
at Pepper Money