You are here: Home - Specialist Lending -

Pepper Money revamps products and opens online portal

by: Edward Murray
  • 02/10/2017
  • 0
Pepper Money revamps products and opens online portal
Pepper Money, previously known as Pepper Homeloans, has revamped its product range and gone live with a new online portal.

The lender has reduced completion fees by £100 across its range and restructured its residential and buy to let so it is easier for brokers to find the most suitable product for clients based on their credit histories.

The new mortgage portal has been designed to make it quick and easy for intermediaries to select, submit and track mortgage applications online.

Applications, including all supporting documentation, can be submitted 24/7 and cases can be tracked at every stage through to completion. If a DIP is declined brokers can see why without needing to ask and if a DIP is approaching its expiry date, brokers will automatically be sent a reminder.

The portal enables brokers to generate all the necessary paperwork and applications previously submitted via the new portal can be copied rather than having to be re-keyed.

All brokers need to register before using the portal, even if they have previously worked with Pepper in the past.

Rob Barnard (pictured), director of sales at Pepper Money said: “These changes have all been made with the explicit aim of making it quick and easy for brokers to select and submit mortgage applications to Pepper.”

He added: “We have consulted closely with brokers and distributors and I’m sure they will welcome these changes. Some things haven’t changed, however. All applications will be manually underwritten by our knowledgeable and experienced underwriters and brokers will be assured of a fast and efficient service.”

There are 0 Comment(s)

You may also be interested in

Bridging

Keep up-to-date with all the breaking bridging and short-term lending news and analysis, from regulatory changes to product innovation and inside market knowledge. Take a look at our broker and lender case studies showing short-term finance in practice.

Commercial

Find all the news, opinion and analysis for property finance brokers specialising in commercial and semi-commercial mortgages, alternative and development finance for commercial investments in residential projects.

Second charge

Stay up-to-date with the latest news, analysis and opinion on the secured loan market as it evolves into a mainstream finance option following European regulation on 21 March 2016.

Complex buy-to-let

Whether it’s a complicated asset or a complex customer, you’ll find out all the breaking buy-to-let news in this section. From limited companies to portfolio landlords, student lets to a House in Multiple Occupation, we’ve got all bases covered with our up-to-the-minute news, analysis and opinion.

Mortgage Solutions

Find all the breaking news, analysis and industry comment on Specialist Lending Solutions' sister site, Mortgage Solutions

Read previous post:
Nick Chadbourne ceo LMS
Incoming LMS chief exec pledges to ‘revolutionise’ conveyancing tech

The incoming chief executive officer of conveyancing service provider and panel manager LMS has admitted that process across the whole...

Close