Pepper Homeloans reduces rates on core mortgage range.

Pepper Homeloans has reduced its mortgage rates by up to 0.95%.  

The cuts affect its core range, meaning that a two-year fixed rate, for up to 85% LTV, for instance, is now available from 2.28%.   

In addition to the price reduction, a free legal pack is also available to those wishing to remortgage.  

Pepper has also launched a new mortgage product for those borrowers who have narrowly failed a credit check. Rates again start from 2.28% for applicants who have no defaults in the last 48 months or have any CCJ’s awarded against them.  

This means that although you might have an adverse credit score that is being kept on file, but your finances have been kept on track recently, you may still have the opportunity to take advantage of a competitively priced mortgage deal.  

If your credit score is less than perfect, approaching a lender who offers manual underwriting, as opposed to an automated system with no powers of discretion, could increase the possibility of your application being approved.  

This is where working with Deal Direct is essential, as we can point you towards lenders who consider applications on a case-by-case basis. With over 10 years working with all types of lenders from across the UK, we know what underwriters look for and how to make your application appealing to them.  

Your credit score may not be pristine, but that doesn’t mean a competitive mortgage rate is out of your reach.  

For the latest information and to discuss your options in further detail, contact Deal Direct on 0800 048 8828.