Mortgage News
Pepper Homeloans launches two-year tracker at 1.99%
Pepper Homeloans, part of the global Pepper Group, has slashed rates to offer a two-year tracker rate from 1.99% for residential and 2.49% for buy to let.
These market leading rates can be accessed through the company’s accredited panel of intermediaries, which includes:
• Brightstar Financial
• Residential Home Loans
• Connect Mortgage Club
• Platinum Options
• 3mc
• Complete FS
• Buy To Let Club
• AToM
• The Mortgage Trading Company
• The Mortgage Partnership
• Brilliant Solutions
Richard Klemmer, CEO of Pepper UK, said: “We are delighted to be able to bring new products to the market. We pride ourselves on our commitment to innovation and our customers. At 1.99%, we now have one of the most competitive residential rates on offer.”
Pepper UK was formerly known as Oakwood Global Finance LLP and provides a full range of asset management services to clients with loan portfolios across the UK.
Pepper Homeloans first piloted its near-prime, self-employed and buy-to-let range launch range back in December 2014, through Brightstar Financial and Mortgage Advice Bureau and officially launched in June 2015.
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Pepper said research suggested there are 1.7m people who do not qualify for a mortgage because of their credit history and the criteria set by traditional lenders.