Pepper Money has increased loan to value (LTV) options for its limited edition residential range increasing its cap from 75 per cent LTV to 85 per cent.
The range, which is available on two and five-year fixed rates, can be accessed at 65, 75, 80 and 85 per cent LTV.
Two-year fixed rates start from 2.9 per cent, while five-year fixed rates start from 2.95 per cent.
The limited edition range is suitable for customers who haven’t had a County Court Judgement or default in 48 months. Borrowers who fail a credit score with a mainstream lender or those with unsecured missed payments are also eligible.
It comes with free valuation and a completion fee of £995.
The lender has cut the completion fee on its limited edition Pepper 60 buy-to-let product from two per cent to one per cent. Individual landlords and limited companies are eligible.
Paul Adams (pictured), Pepper Money’s sales director, said: “We’re proud to continue evolving our product range to meet the needs of brokers and their customers and our updated residential limited edition products are now available to customers with smaller deposits. This means that even more people can benefit from our low limited edition rates.”
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.