Pepper Launches 5-Year Residential Fixed Rates

Posted 05-10-2016

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.

The 5-year fixes have the following features:

  • Rates starting from just 4.13%
  • Available up to 85% LTV
  • ERCs of just 3%, 2% and 1% in years 1 to 3 and 0.5% in years 4 & 5
  • Free legals on remortgages
  • Fixed fee of £1,495 on all loans

Jeff Knight, Head of Marketing at Pepper, said: “We believe these 5 Year Fixed Rates are uniquely positioned in the market. The rates are the same rates as our equivalent 2 Year Fixes and the reducing ERCs provide greater flexibility for the borrower”.

“These additions to our product range will provide greater choice to borrowers at a time when, according to our research, intermediaries are experiencing an increase in enquiries from clients with previous blips on their credit ratings.”

Intermediaries can obtain further information about Pepper’s range of products and services by phoning 03333 701 105 or visit