" Specialist is becoming the new mainstream and our new lowest ever fixed rates demonstrate that a failed credit score doesn’t have to mean an expensive mortgage."
Residential rates up to 65% LTV start at 2.17% for a two-year fixed rate and 2.97% for a five-year fix on Pepper 48.
Pepper 36 products start from 2.23% fixed for two years and 3.07% for five years.
For buy-to-let investors, rates start at 2.73% for a two-year fixed rate up to 65% LTV and 3.18% for a five-year fixed rate up to 60% LTV on Pepper 48.
On Pepper 36, buy-to-let rates start at 2.78% up to 65% LTV and 3.28% up to 60% LTV.
Pepper has also reduced existing two-year fixed rates on Pepper 48, with rates up to 70% LTV cut from 2.37% to 2.27% and rates up to 75% LTV cut from 2.48% to 2.37%.
Rob Barnard, sales director of Pepper Money, said: “At Pepper, we think that specialist is becoming the new mainstream and our new lowest ever fixed rates demonstrate that a failed credit score doesn’t have to mean an expensive mortgage.
“We review each case on its own merits and don’t use credit scores to determine pricing, so you can be sure that, assuming all details are correct, the rate you recommend to your client is the rate they will be offered. With rates now available from 2.17%, there has never been a more transparent and affordable solution for your interesting cases.”
