Pepper Money has introduced new lower LTVs (down to 60% or 65%) for clients who haven’t had a CCJ or default in the last 36 or 48 months.
They’ve also reduced a couple of 2 year fixed rates for those who haven’t had a CCJ or default in the last 48 months.
The Buy to Let range sees two new LTV bands; 60% LTV for 5 year Buy to Let fixed rates, and 65% LTV on 2 year fixed rates.
The LTVs for Residential 2 and 5 year fixed rates start at 65%.
Residential rates now start from just 2.17%, and Buy to Let from 2.73%.
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.”
