The offers will be available on the Pepper’s 48, 36 and Pepper Light ranges, with the option of a free evaluation and a £ 0 completion fee on the five-year fixed rates.
Also available up to 85% LTV is a suite of new 30 month fixed rate products with rates available starting at 4.59%. Five-year fixed rate offers are also available from 4.54%.
Pepper pulled back 85% of its loans at the end of May, limiting its maximum LTV to 80% for new borrowers. He stopped all rental loans at the same time.
The specialist lender resumed its rental loans to buy candidates in July and two months later closed a pair of securitization deals totaling £ 629million.
Paul Adams, Sales Director at Pepper Money, said, “At Pepper Money, we continually work with brokers and clients to understand the steps we can take to better meet their needs.
“It is clear that there is currently a huge demand for higher LTV loans and so we are very happy to be able to launch these products which open up the 85% LTV market to customers who have experienced credit problems.
“We are also excited to support these products with up-to-date service levels that are posted daily on our website. “
Rob Jupp, Managing Director of Brightstar Group, said: “Any lender entering the market right now with an 85% LTV offer is good news. When this lender is also able to take into account clients with credit problems and takes a pragmatic approach towards freelancers and entrepreneurs, it is an even more positive step for the market, and it is a great announcement. by Pepper Money.
“The specialty market is intensifying both in providing products to meet customer demand and in service levels which in many cases are superior to much of the general public. “