Pepper Money has instated price reductions on its five-year fixed rates and reintroduced its mid-fee products.

The specialist lender has reduced rates by 0.10% on its five-year fixed rates across its Pepper 48, 24, 18, 12, and 6 product categories.

Pepper has also reintroduced its popular mid-fee products for residential two and five-year terms, featuring a £795 fee and free valuation.

In addition, Pepper has introduced three-year fixed rate products to its popular DMP range.

Paul Adams (pictured), sales director at Pepper Money, said: “At Pepper Money, we have a reputation for providing outstanding service, consistently delivering speed and certainty to brokers and their customers when they need it most. This is particularly important for customers who’ve already been let down by another lender, perhaps because they previously missed credit payments, are self-employed, or need a lender with the expertise to assess multiple sources of income.

“We always strive to make our products as competitive as possible and we’re delighted to be able to introduce this lower pricing on mortgages across various product tiers.

“In addition, we’ve reintroduced our mid-fee products, which enhance the variety available to our customers – providing them with an even greater choice of options alongside our long-standing reputation for service and certainty.”