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Pepper Money launches new BTL products

Pepper Money has released a range of new “limited edition” five-year fixed rate buy-to-let products, with rates starting at 3.28 per cent.

The range feature a flat fee option, which is available on 75 per cent LTV products, with rates at 3.28 per cent and a completion fee of £3,950.

The lender is also offering a range of five-year fix, 1 per cent completion fee products.

The rates available on these new releases start at a 65 per cent LTV with an initial pay rate of 3.37 per cent, a 70 per cent product with rates at 3.47 per cent, a 75 per cent LTV with initial rates of 3.57 per cent and lastly a 80 per cent LTV at 3.77 per cent.

Pepper Money marketing director James Blower says: “At Pepper Money, we are looking for ways to deliver solutions to interesting cases and this limited edition is an example of identifying an opportunity for brokers.

“Buy to Let applications increasingly require bespoke assessment and now brokers can access mortgages with a flexible approach to individual underwriting and five-year fixed rates available from just 3.28 per cent.”

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