Pepper Money to launch first charge mortgages in Scotland 

Pepper Money has announced plans to launch its first charge mortgage proposition in Scotland this September, supporting brokers and customers with more complex borrowing needs.

The launch will give Scottish intermediaries access to Pepper Money’s specialist lending expertise and dedicated regional broker support, helping them to find solutions for customers whose circumstances may not fit traditional high-street lending criteria.

Pepper Money already has an established second charge mortgage business in Scotland and the launch of the first charge proposition in Scotland will build on its existing expertise in the region.

Paul Adams, director of sales at Pepper Money, said: “Scotland is an important market for Pepper Money and a natural next step in our growth strategy. We understand the Scottish mortgage market and home-buying process and see a clear opportunity to bring our specialist expertise to more brokers and their customers.

“We are pleased to be bringing Scottish brokers the breadth of our specialist lending proposition, backed by dedicated regional support and the high level of service for which Pepper Money is known. Our aim is to make it as straightforward as possible for brokers to find the right solutions for their customers, particularly where more complex circumstances require a more considered approach.

“Through this expansion into Scotland, Pepper Money will continue to champion greater choice in residential and buy-to-let mortgages, supporting borrowers who are self-employed, have complex incomes, or have experienced adverse credit.

“In September, we will launch through a programme of broker engagement and industry activity, focused on building strong relationships with intermediaries. I’d encourage Scottish brokers to register on our portal so they can submit applications when we’ve launched.”