Pepper Money has launched a range of residential 85% LTV mortgage products.
The offerings will be available across the lender’s Pepper 48, Pepper 36 and Pepper Light ranges.
Moreover, the deals will include free valuations and no completion fees.
In addition, the lender has released a number of products available up to 85% LTV with a 30 month fixed term and with starting from 4.59%.
Longer-term deals have also been added, the lender outlined that 85% LTV 5-year fixed rate deals starting from 4.54% are now available.
Furthermore, Pepper Money has introduced options for free valuations and £0 completion fees on its 5-year fixed rates Pepper 48, 36 and Light ranges.
Paul Adams, sales director at Pepper Money, said: “It is clear there is huge demand for lending at higher LTVs at the moment and so we are really happy to be able to launch these products that open up the 85% LTV market for customers who have experienced credit issues.
“We are also pleased to support these products with up-to-date service levels that are published each day on our website. There has never been a better time for brokers to start working with Pepper Money.”
Rob Jupp, chief executive at The Brightstar Group, added: “Any lender coming to market at the moment with an 85% LTV offering is welcome news.
“The specialist market is stepping up at the moment, both in the provision of products to meet client demand and service levels which, in many instances, are superior to much of the mainstream. There has never been a better reason or opportunity for brokers to start engaging with the specialist sector.”