Pepper Money refreshes product range and unveils new mortgage portal
02 October 2017
Pepper Money, the new name for the specialist mortgage lender previously known as Pepper Homeloans, is today launching a revamped range of products and is also unveiling its new online portal.
The changes include:
Completely restructured residential and buy to let product ranges designed to make it easy for brokers to identify the most suitable product for their client, based on their credit history.
A reduction of completion fees by £100 across the entire residential range.
The launch of a new limited edition buy to let 5-year 3.49% fixed rate mortgage (Pepper 24).
Full details and new product guides can be downloaded from: www.pepper.money
Pepper’s new mortgage portal has been designed to make it quick and easy for intermediaries to select, submit and track mortgage applications online.
Applications, including all supporting documentation, can be submitted 24/7 and cases can be tracked at every stage through to completion. If a DIP is declined brokers can see why without needing to ask and if a DIP is approaching its expiry date, brokers will automatically be sent a reminder.
The portal enables brokers to generate all the necessary paperwork with ease and applications previously submitted via the new portal can be copied rather than having to be re-keyed. Registering to use the system only takes a matter of minutes (brokers will need to register on the new system even if they have previously registered with Pepper) and brokers could win £500 of vouchers to make a few changes of their own! (Terms & Conditions apply).
Rob Barnard, Director of Sales at Pepper Money said: “These changes have all been made with the explicit aim of making it quick and easy for brokers to select and submit mortgage applications to Pepper.
“The restructured product ranges now put the emphasis on criteria: Pepper 24, for example, accommodates borrowers who have had no CCJs or defaults in the past 24 months. Within each category are a choice of LTV and repayment types. Nothing could be simpler!
“We have consulted closely with brokers and distributors and I’m sure they will welcome these changes. Some things haven’t changed, however. All applications will be manually underwritten by our knowledgeable and experienced underwriters and brokers will be assured of a fast and efficient service.”
Intermediaries can obtain further information about Pepper’s range of products and services by phoning 03333 701 101 or by visiting www.pepper.money
