Landlord, Steve, needed to remortgage his current Buy to Let property to raise money to fund the deposit of the next property in his portfolio but was struggling to find a mortgage lender that could help.
A default from a few years ago that Steve thought was settled, remained outstanding, and it wasn’t until he approached his bank that he realised. With the risk of losing his property to a local builder, Pepper Money were able to remortgage Steve’s existing Buy to Let, saving him over £8,000 on a Pepper 48 2 year fixed, and allowing him to capital raise to fund his next project.
Why use Pepper Money for your remortgage case?
- They make remortgaging simple and straightforward and don’t believe the value or volume of CCJs or Defaults should stop your clients getting a better deal
- They’ve got a range of fee options for their Buy to Let products. Including a flat fee of £1,995 for landlords with higher value properties
- They’ll let your client release the money built up in the value of their rental property, so they can use it to fund their next purchase
Their mission is to help people succeed. Take a look at Pepper Money’s range here.
