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Pepper Exclusives for Credit Impaired Customers

07 April 2017

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Pepper Homeloans, the specialist lender, last week launched exclusives via L&G Mortgage Club for credit impaired customers with rates starting at 2.40% 

The new range, which is available for purchases or remortgages up to 85% LTV, is ideally suited to borrowers who may have been declined on credit score, but who haven’t had any CCJs or defaults in the past 48 months. 

Key features of the range are: 

Rates:   2-year fixed:

  • 2.40% to 70% LTV. Revert rate LIBOR+3.50%
  • 2.68% to 75% LTV. Revert rate LIBOR+3.65%
  • 3.28% to 80% LTV. Revert rate LIBOR+3.90%
  • 3.53% to 85% LTV. Revert rate LIBOR+4.15% 

Criteria: No CCJs, defaults or mortgage/secured loan missed payments in the last 48 months.

Purposes: Residential mortgages for purchase or remortgage (with free legals on all remortgages) 

Completion fee: £995 

ERC: 3% of the outstanding balance in year 1, 2% in year 2. 

For further details see your sourcing system, or contact Pepper on 0333 370 1101.


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