Buy to Let

Pepper cuts interest rates on resi and BTL ranges

Pepper Homeloans has cut interest rates by up to 0.7% across both its residential and buy-to-let mortgage ranges.

All 5-year residential and buy-to-let fixed rates have been reduced by up to 0.7% and new 5-year fixes have been introduced on near prime products.

Rob Barnard (pictured), sales director of Pepper Homeloans, said: “This market and these low rates represent a great opportunity for brokers to boost business volumes during the second half of the year.

Interest rate swings and roundabouts

“We’re happy to help any intermediary tap into this business stream and our BDMs are ready to answer any questions or queries they may have.”

In addition, all 2-year and 30-month fixed rates in the residential range have been reduced by 0.6% on non-conforming products.

New 2 and 5-year fixed rates have been introduced on near prime products in the buy-to-let range.

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