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3mc launches BTL deals with Pepper Money

Jake Carter

September 30, 2020

3mc has launched an exclusive range of limited company buy-to-let products with Pepper Money.

The partnership provides brokers with access to Pepper Money’s 5-year fixed rate limited company buy-to-let products on its Pepper 48 range, at 0.3% less than equivalent rates on the core range.

This offering also includes free valuation, and a maximum loan size of £500,000.

Brokers will now be able to access the product from 3.55% up to 65% LTV and up to 70% LTV at 3.65%.

Furthermore, it is accessible up to 75% LTV at 3.85% and up to 80% LTV at 4.95%.

In addition, 3mc also has access to virtual on-site underwriters from Pepper Money.

Doug Hall, director of 3mc, said: “These exclusives offer brokers a genuine advantage over going to the lender directly.

“We are hearing that a number of lenders are having challenges with service turnaround times at the moment, so the ability to access a virtual onsite underwriter is a great way for brokers to speed up the process.

“We now offer access to virtual onsite underwriters from 12 different lenders and are currently offering packager exclusive products from five different lenders.”

Paul Adams, sales director at Pepper Money, added: “We are really pleased to be working with 3mc on these exclusive products.

“There is a lot of demand at the moment from buy-to-let landlords who want to acquire new properties ahead of the end of the stamp duty holiday, and these products give brokers another option to help satisfy that demand.”


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