Legal & General Mortgage Club will offer the full range of Pepper’s specialist products including residential rates from 1.99% and buy-to-let rates from 2.49%, via its Key Partnership firms, with a plan to expand distribution to the full Mortgage Club shortly.
Products are available up to 85% LTV residential and up to 80% LTV buy-to-let. Pepper offers a 2 year discount tracker, 2 year and 5 year fixed rate products, and provides a tailored approach so each application is evaluated on a case-by-case basis.
Richard Klemmer, CEO of Pepper UK, said:
“We are delighted to have Legal & General Mortgage Club join our distribution panel. With a long established presence in the UK, we are proud to be working with a high quality partner who has a detailed understanding of the market.
“We already work with a range of extremely experienced intermediaries and we are confident that adding Legal & General Mortgage Club to our panel will complement our proposition.
“Our goal at Pepper is to offer solid, responsible solutions to those who, for one reason or another, have faced difficulties in securing the mortgage they need. We look forward to building a long term relationship with Legal & General Mortgage Club.”
Jeremy Duncombe, Director, Legal & General Mortgage Club, said:
“Our aim at Legal & General Mortgage Club is to offer a wide range of products and lenders to our intermediaries to enable them to offer competitive products to all types of customers. Working with Pepper allows us to continue to add value to our intermediary partners, and continue to serve some of the underserved borrowers in the market.”
