Pepper cuts residential and affordable home ownership rates
The lender says it has made 'significant cuts' to a number of two-year fixed rate products.
Pepper Money has announced further rate reductions across its residential and affordable home ownership mortgages.
Following the latest changes, residential rates start from 5.30% up to 75% LTV and shared ownership rates start from 5.65%.
Right to Buy rates are available from 6.00% and Help to Buy rates begin at 5.90%, both up to 75% LTV.
Paul Adams, sales director at Pepper Money, said: "These latest rate reductions demonstrate our commitment to providing competitive mortgage solutions for both customers and brokers across a wide range of borrowing needs. By improving pricing across our residential and affordable home ownership ranges, we are helping more customers access homeownership opportunities, while ensuring brokers have the products they need to support those with more complex circumstances.
"We're particularly pleased that some of these changes position us among the most competitively priced lenders in our peer group, further strengthening our proposition in key areas of the market."
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
Iress
Iress expands mortgage and protection distribution through new Access FS platform
FCA
Advice firm employees plead guilty after defrauding clients of £2m
Atom Bank
Try Mortgage Network adds Atom Bank to residential mortgage panel
FCA
MPs call for investigation into FCA's treatment of whistleblowers
This week's biggest stories:
Iress
Iress expands mortgage and protection distribution through new Access FS platform
FCA
Advice firm employees plead guilty after defrauding clients of £2m
Atom Bank
Try Mortgage Network adds Atom Bank to residential mortgage panel
FCA
MPs call for investigation into FCA's treatment of whistleblowers
Mortgage Rates
Average five-year fixed rate mortgage hits 6%
Inflation
Inflation could return to target by end of 2027, economist predicts