You are here: Home - News -

Pepper reduces BTL rates

by:
  • 02/08/2017
  • 0
Pepper reduces BTL rates
Pepper Homeloans has reduced rates on its five-year fixed-rate deals by up to 0.70%.

The lender has also introduced new two- and five-year fixed rates for its near prime range.

Rob Barnard, sales director of Pepper Homeloans, said: “The days when borrowers with an adverse credit record had to pay a hefty price premium on their mortgages are now long gone. With rates starting from just 2.28%, borrowers have a great choice of fixed and variable rates that represent fantastic value for money.

“This market and these low rates represent a great opportunity for brokers to boost business volumes during the second half of the year. We’re happy to help any intermediary tap into this business stream and our BDMs are ready to answer any questions or queries they may have.”

Five-year residential fixed-rates have also been reduced by up to 0.70%, while two-year and 30-month fixed rates have been reduced by up to 0.60% on non-conforming products.

There are 0 Comment(s)

You may also be interested in

Business Skills

In this section, we offer short ‘how to’ guides on harder to crack areas of business. From social media, to regulation or niche product areas, we cover it all.

Profiles

Our journalists interview key industry entrepreneurs, strategists and commentators for day-to-day market insight and a strategic view of where the industry is heading. We offer lessons for success and explore the opportunities for your business

Success in Practice

Here, we share case studies fleshing out best practice to help you decide what could work for your business. Take a look at how others approached complex tasks like launching a new mortgage lender, advising on a new product area or deciding to specialise in another. Learn from others mistakes and triumphs.

Marketwatch

Each week, we ask top mortgage and property commentators with a unique perspective to examine a key news headline, market move or regulatory or political issue.

Poll

Vote in our weekly poll here. It’s your chance to tell us what you think and be heard on the top news stories of the week. Review our archive to find out what your industry really thinks and all our coverage of the results.

Top Comments

Be part of the conversation on Mortgage Solutions. We want to hear from you. We have a tool called Disqus to tell us which stories get the most comments each week. Every Friday, the team picks the most thoughtful or opinionated contributions from our readers to enjoy again. Don’t forget to share your favourite stories from the site on social media to keep the conversation going.

Read previous post:
negative interest rates
Berenberg predicts interest rate rise for November 2017

A year on from the Bank of England’s decision to slash the base rate to a record low of 0.25%,...

Close