Pepper Money’s residential deals are available on two- and five-year fixed rates, have no completion fee, and a free valuation with rates starting from 3.43 per cent. The rates apply to Pepper products 6 to 48.
The buy-to-let deal is available on Pepper 48 for borrowers with a 25 per cent deposit, fixed for five years with a rate of 3.30 per cent and a flat fee of £1,995.
On its core range, Pepper Money has also introduced a £0 completion fee option for all two-year fixed rates on Pepper 24, with rates starting from 3.88 per cent.
On its buy-to-let range, Pepper Money has cut all five-year fixed rates on Pepper 48 by 0.10 per cent, with rates now starting from 3.28 per cent.
Meanwhile equity release lender Canada Life has reduced the cost of six lifetime mortgages.
The rates on Interest Select Gold, Interest Select Platinum, Voluntary Select Gold and Voluntary Select Platinum have been cut by 25 basis points. The Lifestyle Lite and Lifestyle Gold products rates have been reduced by an average of 70 basis points.
Alice Watson, head of marketing and communications at Canada Life Home Finance, said: “Our wide range of lifetime mortgage products provide customers with a variety of plans to suit their needs.
“The Interest Select Options are popular with those who would like to minimise or remove the impact of rolled-up interest, or who would like to leave an inheritance. Unlike traditional mortgages, these options allow customers to pay some or all of their interest on a monthly basis.”