What we do
At Pepper Money, we pride ourselves on our ability to look beyond the numbers on a credit score. Our specialist team of skilled, mandated underwriters review each case on its own merits.
With broad criteria, competitive pricing and a positive lending attitude, we help you to help more of your customers from first time buyers and the recently self-employed, to those with adverse credit or complex incomes.
Better Service and Support
- Dedicated underwriting contact from application to offer.
- Dedicated sales support from regional development manager team and national accounts team.
- Easy to use, transparent, non credit scored based system, giving you a simple application process along with much needed security on product and decision.
When the High Street says no
- Clear product range based on latest registration date of CCJ, default or missed mortgage payment.
- No value limits on CCJs or defaults; no need for them to be satisfied
- Unsecured credit never affects product tier
- Can assist customers affected by Bankruptcy Orders, Individual Voluntary Arrangements or Debt Management Plans
- Capital raising permitted without LTV restriction, e.g. for business use or debt consolidation
- No debt to income ratio
- One year’s self-employed trading accepted
- Affordability for self-employed based on most recent year
- Limited company directors can use salary plus share of net profit or salary and dividends
- Great for affordability: income streams such as commission/bonus/Universal Credit and Disability Allowance accepted up to age 75 – non-earned income to age 80
- Affordable homeownership: Shared Ownership, Right to Buy, Help to Buy, First Homes Schemes accepted
- Interest only accepted up to 60% LTV. No amendments to standard minimum income/loan criteria. Sale of property accepted as a repayment vehicle with no specified minimum equity. Affordability calculated on an interest only basis.
*Products from Pepper Money can be accessed by using Next Intelligence as your payment route or you can use our packaging service. Please contact us for further details.