Pepper Money Plus and XLTV No ERC and Simplified Approach to Bank Statements

We have more good news to share. We’ve broadened our product range today by introducing more No ERC products. We’ve also simplified our approach to reviewing bank statements.

No ERC Products

We’re pleased to announce that we’ve launched 5-Year Fixed No ERC on our XLTV and Plus ranges today. Both are available to the maximum LTV permitted on each range, i.e. 100% and 80% respectively. These additions complement our Prime 5-Year Fixed No ERC, which were re-introduced in April.

The new products and rates are available in SWAN from today, Thursday 26th June. Pipeline cases will be unaffected. Existing cases need to be rekeyed as a new application to take advantage of these changes.

Bank Statement Review

We’ve simplified our approach to reviewing bank statements. If we request bank statements, you no longer need to complete the bank statement review spreadsheet. Please follow the attached Guidance on how to check the bank statements before submitting them to us.

Support
We continue to offer super quick turnarounds, with more and more applications being offered the same day.

If you have any questions or would like to discuss how Pepper could help your customers, please contact –

Claire Blunt 07519 750079 (North), Nicola Culshaw 07519 750084 (North), Matthew Batte 07498 291038 (South), Ryan McGrath 07354 249284