Cyprus’ largest bank engages Pepper, a specialist commercial loan servicer, to manage diverse €800m book.
On 30 September 2017 Pepper Money adopted the PRAs new rules regarding the underwriting of mortgage applications from landlords with 4 or more mortgaged rental properties (portfolio landlords).
Pepper (UK) Limited is pleased to confirm it's been assigned rankings by Standard & Poor's as both a primary and special servicer of residential and commercial mortgages in the UK.
Pepper Homeloans has been appointed to the mortgage lender panel of Intrinsic Network.
Rob Barnard, Director of Sales at Pepper Homeloans, said: “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 months.”
Pepper Homeloans has extended its distribution network to include Paradigm Mortgage Club.
Paradigm will market Pepper Homeloans’ full range of residential and buy-to-let mortgage products that have been designed for clients who experience difficulties obtaining a mortgage via a high street lender.
Pepper Homeloans has reduced its shorter term fixed rates by up to 0.95% on its core residential mortgage range (NP1 & NP2) and has extended the range to include a new product, with rates starting from just 2.28%.
Secure Trust Bank has appointed Pepper (UK) as administrator for its new Mortgage business as it looks to target those customers who are underserved by traditional lenders.
LendInvest and Pepper UK have agreed to form what is believed to be the industry’s first partnership between a UK online property finance marketplace and an outsourced loan servicing business.
Pepper Homeloans, the specialist lender, has been appointed to the Mortgage Intelligence lending panel.
Pepper Homeloans, the specialist lender, has launched a range of 5-year residential fixed rates for borrowers who have previous blips on their credit rating within the last two years.