Pepper Money has launched a residential and buy-to-let zero completion fee limited edition for borrowers who have not had a CCJ or default in the last 36 or 48 months.

The limited edition is available on two and five-year fixed rates, up to 85% LTV, with no completion fee.

Residential two-year fixed rates are available from 2.88%, with five-year fixed rates from 3.53%, and LTVs available up to 85%.

On buy-to-let, the zero completion fee limited edition is available on two-year fixed rates from 3.18%, and LTVs available up to 80%.

Pepper Money’s usual completion fee on these products would be £945 on residential mortgages and 1% on buy-to-let mortgages.

Rob Barnard, sales director of Pepper Money, said: “We are always looking for ways to deliver competitive solutions to interesting cases and this limited edition is the latest example of us identifying an opportunity for brokers to provide their clients with a better deal. We think it will prove particularly popular on buy-to-let, where the standard completion fee would ordinarily be 1% of the balance.

“The launch of our zero completion fee limited edition comes hot on the heels of a number of improvements we have made to our DMP range and we will continue to review and refine our proposition to ensure we become brokers’ go-to choice for specialist lending.”