Pepper Money revamps range, launches new portal


Pepper Money has revamped its product range and has launched a new online portal.

Pepper Money is the new name for specialist lender Pepper Homeloans.

The lender has restructured its residential and buy-to-let ranges to make it easier for brokers to pick the best product for their client.

The firm has brought in a limited edition buy-to-let five-year fixed rate at 3.49 per cent.

The lender has also cut completion fees by £100 across its residential range.

Pepper’s new mortgage portal has been designed to make it quick and easy for intermediaries to select, submit and track mortgage applications online.

The portal lets brokers generate all necessary paperwork with ease.

Applications previously submitted via the new portal can be copied rather than having to be re-keyed.

Brokers will need to register on the new system even if they have previously registered with Pepper.

Applications, including all supporting documents, can be submitted 24/7.

Cases can be tracked at every stage through to completion.

If a DIP is declined brokers can see why without needing to ask.

If a DIP is approaching its expiry date, brokers will automatically be sent a reminder.

Pepper Money director of sales Rob Barnard says: “These changes have all been made with the explicit aim of making it quick and easy for brokers to select and submit mortgage applications to Pepper.

“The restructured product ranges now put the emphasis on criteria: Pepper 24, for example, accommodates borrowers who have had no CCJs or defaults in the past 24 months.”


Pepper Homeloans rebrands as Pepper Money

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 […]


Bid for takeover of Pepper Group progresses

Negotiations have progressed in US private equity giant KKR’s bid to takeover Pepper Group. Reuters in Sydney reports that the board of the Australian non-bank lender, which includes Pepper Homeloans, agreed to a takeover valued at $657m AUD earlier this month. Talks in the deal between Pepper and the New York-based company began in early […]


Intrinsic signs Pepper Homeloans to lender panel

Intrinsic Network has added Pepper Homeloans to its mortgage lender panel. Intrinsic will sell Pepper Homeloans’ full range of residential and buy-to-let mortgages. Pepper Homeloans director of sales Rob Barnard says: “Intrinsic are a very well-respected network and the team here at Pepper are all looking forward to working with their members over the coming […]


News and expert analysis straight to your inbox

Sign up