Low ERC on Prime, Plus and XLTV. Variable No ERC on XLTV

Pepper Money LogoThanks for your continued support of Pepper, we have more good news to share to help you write more business and support more customers. We’ve broadened our product ranges today by introducing Low ERC products and re-introducing Variable No ERC on XLTV.

Low ERC Products

We’re pleased to announce that we’ve launched 5-Year Fixed Low ERC products on our Prime, Plus and XLTV ranges today. All only have a 1% ERC during the fixed rate period. All are available to the maximum LTV permitted on each range, i.e. 85%, 80% and 100% respectively. We’ve also re-introduced Variable No ERC on our XLTV range. These additions complement our recently launched 5-Year Fixed No ERC products.

Just to confirm, we now have 5-Year Fixed No ERC, 5-Year Fixed Low ERC, and Variable No ERC products available across all our ranges i.e. Prime, Plus and XLTV. We hope these additions provide the broader options that you need for all customers’ circumstances; those that will, may, or may not redeem early.

The new products and rates are available in SWAN from today, Monday 7th July. Pipeline cases will be unaffected. Existing cases need to be rekeyed as a new application to take advantage of these changes.

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, Luke Edwards 07542 321177