Pepper Money reduces rates across entire range

Published on

Pepper Money has cut rates across its entire product range, with reductions of up to 40bps.

 The biggest rate reduction is on Pepper36 Light up to 75% LTV, with a cut of 40bps to 5.64%.

Other changes include Pepper6 up to 80% LTV, which has been cut by 25bps on 2- and 5-year fixed rates. The lowest rate in Pepper’s range is now available from 5.34%.

Paul Adams (main picture), Sales Director at Pepper Money, said: “The economic backdrop may continue to be uncertain, but Swap rates have actually fallen recently and, at Pepper Money, we’re pleased to be able to pass on the benefits of these reductions to you and your customers.”

MORE CERTAINTY

And he added: “These rate cuts are part of our ongoing commitment to help brokers offer more certainty in uncertain times. Whether it’s through inclusive underwriting, individual affordability assessments or now even more competitive pricing, Pepper Money is here to support brokers in saying ‘yes’ to more customers.

“This isn’t just about rates – it’s about making specialist lending more accessible and helping more customers to secure the lending they deserve.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Barclays latest lender to cut rates

Barclays is the latest lender to lower its mortgage rates, reducing selected residential products...

Landbay launches product transfer products

Buy-to-let lender, Landbay, has launched five new Product Transfer (PT) tracker products within its...

Brokers hesitant to recommend interest-only for FTBs, says Gen H

Nearly half of the UK’s top 100 first-time buyer brokerages wrote no interest-only business...

Coventry and Accord both cut BTL rates 

Coventry for Intermediaries and Accord Mortgages have both reduced rates across their buy-to-let ranges. Coventry’s...

UTB cuts rates by 1% and launches 95% LTV

United Trust Bank (UTB) Mortgages has reduced rates by up to 1% and launched...

Latest publication

Other news

Barclays latest lender to cut rates

Barclays is the latest lender to lower its mortgage rates, reducing selected residential products...

Landbay launches product transfer products

Buy-to-let lender, Landbay, has launched five new Product Transfer (PT) tracker products within its...

Brokers hesitant to recommend interest-only for FTBs, says Gen H

Nearly half of the UK’s top 100 first-time buyer brokerages wrote no interest-only business...