Pepper signs servicing deal with Habito

Habito has appointed Pepper UK to provide end-to-end servicing for its buy-to-let products.

Earlier this month Habito become the first mortgage broker in the UK to start lending after securing £500m funding.

The range is aimed at individual buy-to-let landlords, with intentions to extend the offering to company BTL “soon”.

Products include two-, three-, five-, seven-, and 10-year fixed rate offerings up to 80 per cent LTV.

Pepper says it will manage the accounts to mirror Habito’s mission to “set people free from the hell of mortgages.”

Pepper UK chief executive Gerry McHugh says: “We are excited about our partnership with Habito and look forward to supporting the next generation of mortgages by bringing together traditional finance and innovation to improve the customer experience.”

Habito chief strategy officer Martijn van de Heijden adds: “Having built our origination platform from scratch to guarantee our customers certainty and speed to offer, it made sense for us to work with the best partner to help us service our new mortgages.

“We look forward to growing with Pepper UK as we expand our offering in the coming months.”

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