Specialist intermediary-only lender Pepper Homeloans is changing its name to Pepper Money ‘imminently’.
According to the lender’s website, the rebrand will be followed by a new application portal and a range of fresh products.
Pepper Homeloans managing director Colin Snowdon says: “The name change is the final phase of a global rebranding exercise for the Pepper Group. In future, all consumer finance products including mortgages will be marketed under the Pepper Money brand.
“In the UK we will continue to distribute our products exclusively via intermediaries and our new mortgage portal, also to be launched shortly, will make it easy for brokers to submit and track their clients’ mortgage applications online.”
Pepper Group, which encompasses the mortgage brand, is in ongoing talks with private equity firm KKR regarding a potential takeover.
The bid for the Australian owned non-bank lender is said to be worth roughly $650m AUD.
