Thanks for your continued support. Following on from the bulletin we sent last week announcing various enhancements we’re pleased to let you know of another batch of enhancements that are live today!
As always, if you have any questions, please don’t hesitate to contact your BDM.
Bigger Loan Sizes
We’re very much open for business with a strong appetite to lend, especially for larger loans. We’ve increased some of our maximum loan sizes by LTV as follows:
| Range | New Increased Loan Size |
| Prime | £500k up to 85% LTV |
| Plus | £250k up to 80% LTV |
| XLTV | £200k up to 95% LTV
£150k up to 100% LTV |
As a reminder, we continue to offer £1m loans on Prime to 65% LTV, and £500k loans on Plus to 70% LTV.
XLTV Rate Reductions
We’ve significantly reduced rates across our XLTV range.
Reduced Minimum Age for Self-Employed
Minimum age reduced for self-employed customers from 25 to 21.
Pipeline
Pipeline cases will be unaffected. Existing cases need to be rekeyed as a new application to take advantage of the above changes.
Updated Packaging Guides
Please find our updated Broker Packaging Guides attached reflecting all recent changes.
Support
We continue to offer super quick turnarounds and certainty of completion. 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), Nicholas East 07498 291038 (South), Ryan McGrath 07354 249284, or Luke Edwards 07542 321177