Specialist lender Pepper Money has launched a range of limited edition residential mortgages with reduced fees and £500 cashback.
The products are available in its Pepper 48 and Pepper 48 light residential range for purchase and remortgage. To be eligible, borrowers should not have a county court judgement or default in the last 48 months.
It comes on both two and five-year fixed rate terms with £500 cashback, which the lender said could help pay legal costs.
The products also have lower completion fees, with two and five-year fixed rates reduced to £795, which compares to £1,295 and £995 for two-year fixed rates and £995 for five-year fixed rates.
The two-year fixed rate up to 75 per cent LTV in Pepper 48 light starts from 3.3 per cent, whilst five-year fixed rates start from 3.55 per cent.
Paul Adams (pictured), sales director at Pepper Money, said: “At Pepper Money, we are continually working with brokers on ways to improve our proposition. One insight to come from this is that the total amount payable over the duration of a fixed rate period is often the most important consideration for brokers when choosing a specialist lender.
“This limited edition product addresses that point, with lower fees and £500 cashback reducing the total amount payable over the fixed rate period on our Pepper 48 and Pepper 48 Light mortgages. We are confident that this range will help more brokers to help more customers succeed with Pepper.”
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.
