Product Transfer Mortgages
Our Product Transfer mortgages are a ‘no fuss’ option if you’re an existing Pepper Money customer who just wants a new fixed rate on your current mortgage terms.
Product Transfer process and rates
If you are a Pepper Money mortgage customer coming to the end of your initial rate that meets our criteria, you can apply for a Product Transfer.
Early Apply
You can apply up to 3 months before the current initial rate ends
Simple Process
with no affordability or credit checks or need to refresh your employment or income information
Fee Free – no product fees
No need for a new valuation of your property or any legal fees
Pepper Product Transfer
| Initial Product Rate | Reversion Rate | ||
| 3 Year Fix | 7.19% | 9.46% | |
| 5 Year Fix | 7.04% | 9.46% | |
| Product rates effective from 15/11/2024 | |||
Are you an existing Pepper Money mortgage customer coming to the end of your initial rate? You may be able to apply for a Product Transfer, subject to meeting our criteria.
Pepper Product Transfer Criteria
You may be eligible for a Product Transfer providing you meet the following criteria:
- You have an active First Charge Pepper Money mortgage
- You are not currently in arrears with your Pepper Money mortgage
- You have not missed a payment on your Pepper Money mortgage in the past 12 months
- You have more than 3 years and 1 month remaining on your Pepper Money mortgage term
- Your mortgage’s initial rate term will expire in the next 3 months or has already expired
- You do not currently have any temporary forebearance or loan modifications, such as a change to Interest Only, on my mortgage
- You understand that Pepper Money will use the valuation conducted by our surveyor at the start of this mortgage contract, Pepper Money will not revalue the Security for the purposes of this Product Transfer