Pepper Money, the leading specialist mortgage lender, has announced further rate reductions across its Residential and Affordable Home Ownership mortgages, including significant cuts to a number of two-year fixed rate products.
The latest changes are designed to help more customers, including first-time buyers and those purchasing affordable homes, access competitive mortgage solutions, particularly borrowers who may be underserved by high street lenders.
Following the reductions, Pepper Money has strengthened its position in the market, with some of the most competitive two-year fixed rates available across its Residential and Affordable Home Ownership ranges.
The new rates are available immediately across Residential, Shared Ownership, Right to Buy and Help to Buy products.
The latest reductions reflect Pepper Money’s ongoing commitment to supporting customers who may not fit the criteria of high street lenders, while providing brokers with a wider range of competitive options for their customers.
Paul Adams, Sales Director at Pepper Money, said:
These latest rate reductions demonstrate our commitment to providing competitive mortgage solutions for both customers and brokers across a wide range of borrowing needs. By improving pricing across our residential and affordable home ownership ranges, we are helping more customers access homeownership opportunities, while ensuring brokers have the products they need to support those with more complex circumstances.”
“We’re particularly pleased that some of these changes position us among the most competitively priced lenders in our peer group, further strengthening our proposition in key areas of the market.”
Paul Adams,
Sales Director
at Pepper Money