Pepper Money has unveiled new residential and buy-to-let limited editions and has also made a series of change to its core product range.

The new residential limited edition is available on two and five-year fixed rates across products from Pepper 6 through to Pepper 48, and features £0 completion fee, free valuations and rates starting from 3.43%.

The buy-to-let limited edition is available as a five-year fixed rate up to 75% LTV on Pepper 48, with a rate of 3.30% and a flat fee of £1,995.

On its core range, Pepper Money has introduced a £0 completion fee option for all two-year fixed rates on Pepper 24, with rates starting from 3.88%. The lender has also made cuts to five-year fixed rates on Pepper 24 and a two-year fixed rate on Pepper 18. And, on its buy-to-let range, Pepper Money has cut all five-year fixed rates on Pepper 48 by 0.10 percentage points, with rates now starting from 3.28%.

Paul Adams (pictured), sales director at Pepper Money, said: “Last week we announced the results of our groundbreaking research into mortgage borrowers with adverse credit, in which we reported that an estimate of 1.26m people with adverse credit may need support from a broker in the next 12 months. Our new product changes are all about giving those people more choice – with some cheaper rates and a greater range of options for clients who could benefit from a different fee structure.

“We think that the introduction of free valuations on selected residential remortgage only products, combined with a £0 completion fee option, as well as the flat fee buy-to-let products, will prove particularly popular amongst remortgagors at a time when this area is a significant driver of business volumes for mortgage brokers.”