Rate Cut
news | Over 8 years ago | Jordan Williams

Pepper Homeloans cuts rates on resi and BTL products

Pepper Homeloans has reduced interest rates by up to 0.7% across its residential and buy-to-let mortgage ranges


The rate changes include:

  •     five-year fixed rates residential and buy-to-let products have been reduced by up to 0.7%.
  •     two-year and 30-month residential fixed rates have been reduced by up to 0.6% on non-conforming products.
  •     two- (buy-to-let only) and five-year (residential and buy-to-let) fixed rate products have been introduced on near prime products.

Rob Barnard, sales director of Pepper Homeloans, said: “The days when borrowers with an adverse credit record had to pay a hefty price premium on their mortgages are now long gone.

“With rates starting from just 2.28%, borrowers have a great choice of fixed and variable rates that represent fantastic value for money.

“This market and these low rates represent a great opportunity for brokers to boost business volumes during the second half of the year.”

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