The largest reduction in the range, which is available to individuals, limited companies, first-time landlords and portfolio investors, is on the Pepper48 product up to 70% LTV, which has now been cut to 3.30%.
Paul Adams, sales director at Pepper Money, comments:
“Our reduced buy-to-let rates are the latest example of Pepper Money improving its proposition and will benefit a range of our landlord customers. We have competitive options available from those looking to purchase their first buy-to-let, to those with more established portfolios, and offer products in both individual and limited company names.
“Buy-to-let landlords can also benefit from our recent criteria changes, and our new flat fee structure makes the range even more straightforward. Altogether, we have been working hard to make placing buy-to-let cases better with Pepper.”