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TODAY'S OTHER NEWS

Pepper Money reduces buy-to-let rates

Pepper Money has cut rates across its buy-to-let range by up to 0.4%.

The Pepper48 product, which is available up to 70% loan-to-value (LTV), is now available at 3.3%.

The lender’s reduced BTL rates are all accessible to individuals as well as limited companies. 

The company has also introduced a flat fee option and amended its criteria across its range.

Paul Adams, sales director at Pepper Money, commented: “Our reduced BTL rates are the latest example of Pepper Money improving its proposition and will benefit a range of our landlord customers.

“We have competitive options available from those looking to purchase their first BTL, to those with more established portfolios.

“BTL landlords can also benefit from our recent criteria changes, and our new flat fee structure makes the range even more straightforward.

“Altogether, we have been working hard to make placing BTL cases better with Pepper.”

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