Pepper Money will distribute its full range of residential and buy-to-let mortgage products through Brilliant Solutions Mortgage Club.
Pepper’s mortgages are aimed at clients who struggle to obtain a mortgage via traditional high street lenders, with all applicants being individually underwritten.
It offers a range of mortgages for borrowers in debt management plans and will consider customers with CCJs or defaults registered within the previous seven months.
In addition, the lender only requires one year’s finalised accounts from the self-employed. It does not impose LTV restrictions for debt consolidation or first-time buyers.
Pepper Money director of sales Rob Barnard says: “We recognise that for many customers credit scores don’t tell the whole story. We review each case on its own merits, and our lending decisions are made by a team of skilled and mandated underwriters.”
Brilliant Solutions managing director Matthew Arena says: “We are always reviewing our lender panel to ensure we provide brokers with a comprehensive range of solutions for their clients.
“Pepper offers a combination of accommodating criteria, personal underwriting and competitive rates.”
This launch comes on the back of the mortgage club’s existing packaging relationship with Pepper Money.