Pepper Money Cuts Five-Year Fixed Rates and Introduces Mid-Fee Products

Are you in the market for a new mortgage or looking to refinance your current one? If so, you’ll want to pay attention to the latest news from specialist lender Pepper Money. They have just announced some exciting changes that could benefit you as a borrower.

One of the most significant updates from Pepper Money is the reduction in five-year fixed rates across several of their product categories. This means that you could potentially lock in a lower rate for a longer period, providing you with more stability and predictability in your monthly payments.

In addition to the rate cuts, Pepper Money has also reintroduced their mid-fee products, giving you more options to choose from when selecting a mortgage. These products come with a £795 fee and a free valuation, making them a competitive choice for borrowers looking for a balance between cost and features.

Furthermore, Pepper Money has expanded their product offerings with the introduction of a three-year fixed rate in their debt management plan range. This gives customers even more flexibility when it comes to selecting a mortgage that meets their specific needs and circumstances.

Paul Adams, sales director at Pepper Money, emphasized the lender’s commitment to providing outstanding service and competitive products. He highlighted the importance of offering a variety of options to customers, especially those who may have unique financial situations or have been turned down by other lenders in the past.

Overall, these changes from Pepper Money mean that there are now 96 new options available to customers, with rates lowered on an additional 106 products. Whether you’re a first-time buyer, self-employed, or have experienced credit challenges in the past, Pepper Money’s diverse product range and flexible criteria could make them a great choice for your mortgage needs.

If you’re interested in learning more about Pepper Money’s latest offerings or exploring your mortgage options, now is a great time to reach out to a broker and see how these changes could benefit you. With a focus on service, certainty, and competitive pricing, Pepper Money is positioning itself as a top choice for borrowers in today’s market.