Pepper cuts fixed rates & fees on NC residential mortgage products

02 May 2017

Pepper Homeloans, the specialist lender, has refreshed its non-conforming residential mortgage product range with cuts to its 30-month, 2 and 5-year fixed rates.

Changes include the following rate reductions:

up to 0.4% on 2-year fixes, which now start from just 3.63%
up to 0.3% on 5-year fixes, which now start from just 4.23%
up to 0.25% on 30-month fixes, which now start from just 3.68%

Completion fees are also being reduced to £995 for most products (£1,295 on NC 4 & 5 ranges, for 2 & 5 year fixes).

Rob Barnard, Sales Director of Pepper Homeloans, said: “These cuts to our non-conforming range fixed rates and fees will help hard-pressed homeowners make a move up the housing ladder or remortgage onto a more competitive deal.

“All applications are manually underwritten and we don’t use credit scoring. Brokers can submit DIPs and applications online and they will receive a fast efficient service.”

Intermediaries can obtain further information about Pepper’s range of products and services by phoning 03333 701 105 or by visiting www.pepperhomeloans.co.uk