Pepper cuts residential rates and introduces free buy-to-let valuations

Pepper Money has announced a series of enhancements across its Pepper 48 product ranges, including residential rate reductions of up to 0.35% and the introduction of free valuations across key buy-to-let products.

Residential rate reductions span two, three and five-year fixed products including a reduction of up to 0.35% at 85% LTV. Several limited edition products have also been sharpened, including a Pepper48 five-year fixed rate at 75% LTV, now starting from 4.79%.

Pepper is also introducing free valuations across Pepper48 and Pepper36 buy-to-let products. The change applies to both individual and limited company borrowers, reducing upfront customer costs at application.

Paul Adams, sales director at Pepper Money, commented: "We’ve started 2026 how we intend to continue the year – making proactive decisions to support brokers. We understand the challenges they face when supporting customers who don’t neatly fit high-street criteria. By reducing pricing across our Pepper48 range and removing valuation costs on Buy to Let products, an area of particular focus for us in 2026, we’re making it easier for advisers to place more cases with confidence.

“We remain committed to growing the specialist market with meaningful enhancements, and these announcements are just the latest step. As always, we’re listening to broker feedback, and we look forward to sharing further improvements throughout 2026."