Pepper Money has launched into the Help to Buy market with a range of products under its affordable home ownership offering.
The deals will be available on the lender’s Pepper 48, Pepper 36 and Pepper 24 product tiers to open the scheme up to first-time buyers with a less than perfect credit profile.
Each tier caters to borrowers who have not had defaults either in 48, 36 or 24 months.
The five-year fixed products have rates starting from 4.15 per cent.
This launch follows the introduction of shared ownership products from the lender which were piloted in September.
Paul Adams, sales director at Pepper Money, said: “At Pepper Money, we have a clear purpose to promote greater financial inclusion to a more diverse range of customers. It’s this objective that guides our product development, distribution and research initiatives.
“So, it was a natural next step to develop a dedicated proposition to provide competitive specialist lending products to customers who want to access the property market through affordable home ownership schemes.”
Shekina is the deputy editor at Mortgage Solutions and commercial editor at Mortgage Solutions and Specialist Lending Solutions. She has nearly eight years of experience in the B2B publishing market, having previously covered the hospitality, retail, pet, accounting and jewellery sectors.
Shekina has worked for Mortgage Solutions and Specialist Lending Solutions for almost five years. Here, she covers the market’s breaking news stories, engages with professionals in the sector, and oversees any commercially agreed content in partnership with mortgage-related companies.
This includes presenting webinars and hosting roundtable discussions on developing themes in the mortgage sector.
She is an NCTJ-trained journalist and was nominated for the Headline Money Awards Mortgage Journalist of the Year in 2021.
In her spare time, Shekina likes to read, travel, listen to music and socialise with friends.
She currently reports on current events in the mortgage market and liaises with financial clients to produce sponsored content.
Follow her on Twitter at @ShekinaMS