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.”