Helping customers with recent adverse to repair their credit
At Pepper Money, we could help your customers with recent adverse credit boost their cashflow. We’re giving your customers extra support once they’ve completed by paying £750 cashback.
That’s why our new Limited Edition Remortgage product with £750 cashback could be ideal for your customers who need an extra boost post-completion. Whether they need a little help with legal fees, upgrading their interiors, or covering other costs, such as your broker fees.
Key Criteria:
Post-completion boost
£750 Cashback & free valuation
Raise capital to consolidate debt
Capital raising up to max LTVs with no debt-to-income ratio
CCJs and defaults from just 4 months ago
No value or volume limit on CCJs and defaults (from 6 months ago at completion); no need for them to be satisfied
Extended mortgage term
Maximum term of 40 years, with earned income up to 75 years old
Variable income boost
100% of monthly bonuses, overtime, and commission
Helping the self-employed
One year’s self-employed trading or most recent year's accounts accepted
Limited Edition range is ideal for
Customers looking to increase their borrowing
Recent Adverse Remortgage Customers
Self-Employed Customers
Customers looking to increase their borrowing
- No debt-to-income ratio
- Affordability based on 100% of shift allowance
- Missed payments accepted
- Multiple income streams accepted
- Employed & self-employed income from a maximum of two sources per applicant considered
- 100% of monthly bonuses, overtime & commission accepted
- Maximum term of 40 years with earned income to 75
- No debt-to-income ratio
- Universal Credit and DLA accepted as sources of income
Recent Adverse Remortgage Customers
- CCJ & defaults as recently as 4 months ago (6 months at completion)
- No value limit on CCJs and defaults; no need for them to be satisfied
- Mortgage & secured loan missed payments accepted from over 12 months ago
- Capital raising up to max LTVs
- Payday loans accepted where the account closed more than 12 months ago
- No debt-to-income ratio
- 2 individual communications defaults per applicant ignored up to £200 relating to utilities, communications or mail order providers
- IVA & Bankruptcy accepted when discharged more than 6 years ago
Self-Employed Customers
- One year’s self-employed trading accepted
- Debt consolidation up to max LTVs
- Up to 85% LTV available
- Share of net profit accepted in line with the customer’s share of the business
- Three months’ business account bank statements accepted
- 100% of additional remuneration, including car allowance, pension contributions and private health insurance
Business Development
Find your nearest business development manager (BDM)
There’s a range of support available to our intermediaries, including our experienced team of BDMs, and direct access to a Case Owner that helps make lending decisions.
Residential Limited Edition Mortgage Product Rates and Criteria
- For Intermediary use only
- January 2025
- LMR = 5.30% (As of 14th March 2025)
- For Intermediary use only
- January 2025
- LMR = 5.30% (As of 14th March 2025)
Residential Limited Edition (remortgage only)
Pepper18 Light - Limited Edition - (remortgage only) - Suitable for customers that haven’t had a Default in the last 18 months and who have never had a CCJ
Product
Term
Incentive
Free Valuation
LTV
Initial Rate
Comp Fee
Reversion Rates
(LMR +)
ERC
- 5 Years
- Cashback
- Free Valuation
- 75%
- 6.45%
- £995
- 4.20%
- 4%,4%,3%,3%,2%
- 2 Years
- Cashback
- Free Valuation
- 75%
- 6.70%
- £995
- 4.20%
- 3%,2%
- 5 Years
- Cashback
- Free Valuation
- 80%
- 6.75%
- £995
- 4.45%
- 4%,4%,3%,3%,2%
- 2 Years
- Cashback
- Free Valuation
- 80%
- 7.10%
- £995
- 4.45%
- 3%,2%
- 5 Years
- Cashback
- Free Valuation
- 85%
- 7.59%
- £995
- 4.70%
- 4%,4%,3%,3%,2%
- 2 Years
- Cashback
- Free Valuation
- 85%
- 7.69%
- £995
- 4.70%
- 3%,2%
Application fee = £150 *For Free Valuation products: One free standard valuation for properties valued up to £500,000.
Our Limited-Edition Remortgage Products have a £750 Cash Back.
| Credit Criteria | |
|---|---|
| CCJs: | None |
| Default: | 0 registered in 18 months |
| CCJ/Default Value: | No limit |
| Secured Missed Payments: | 0 in 18 months (No arrears balance in last 6 months) |
| Bankruptcy/IVA: | Discharged > 6 years ago |
| Reposessions: | None in last 6 years |
| Debt Management Plan: | Considered if satisfied over 12 months ago |
Pepper18 - Limited Edition - (remortgage only) - Suitable for customers that haven’t had a CCJ or Default in the last 18 months
Product
Term
Incentive
Free Valuation
LTV
Initial Rate
Comp Fee
Reversion Rates
(LMR +)
ERC
- 5 Years
- Cashback
- Free Valuation
- 75%
- 6.55%
- £995
- 4.20%
- 4%,4%,3%,3%,2%
- 2 Years
- Cashback
- Free Valuation
- 75%
- 6.80%
- £995
- 4.20%
- 3%,2%
- 5 Years
- Cashback
- Free Valuation
- 80%
- 6.85%
- £995
- 4.45%
- 4%,4%,3%,3%,2%
- 2 Years
- Cashback
- Free Valuation
- 80%
- 7.20%
- £995
- 4.45%
- 3%,2%
- 5 Years
- Cashback
- Free Valuation
- 85%
- 7.69%
- £995
- 4.70%
- 4%,4%,3%,3%,2%
- 2 Years
- Cashback
- Free Valuation
- 85%
- 7.79%
- £995
- 4.70%
- 3%,2%
Application fee = £150 *For Free Valuation products: One free standard valuation for properties valued up to £500,000.
Our Limited-Edition Remortgage Products have a £750 Cash Back.
| Credit Criteria | |
|---|---|
| CCJs: | 0 registered in 18 months |
| Default: | 0 registered in 18 months |
| CCJ/Default Value: | No limit |
| Secured Missed Payments: | 0 in 18 months (No arrears balance in last 6 months) |
| Bankruptcy/IVA: | Discharged > 6 years ago |
| Reposessions: | None in last 6 years |
| Debt Management Plan: | Considered if satisfied over 12 months ago |
Pepper12 Light - Limited Edition - (remortgage only) - Suitable for customers that haven’t had a Default in the last 12 months and who have never had a CCJ
Product
Term
Incentive
Free Valuation
LTV
Initial Rate
Comp Fee
Reversion Rates
(LMR +)
ERC
- 5 Years
- Cashback
- Free Valuation
- 75%
- 6.60%
- £995
- 4.60%
- 4%,4%,3%,3%,2%
- 2 Years
- Cashback
- Free Valuation
- 75%
- 6.85%
- £995
- 4.60%
- 3%,2%
- 5 Years
- Cashback
- Free Valuation
- 80%
- 6.90%
- £995
- 4.85%
- 4%,4%,3%,3%,2%
- 2 Years
- Cashback
- Free Valuation
- 80%
- 7.25%
- £995
- 4.85%
- 3%,2%
- 5 Years
- Cashback
- Free Valuation
- 85%
- 7.75%
- £995
- 5.00%
- 4%,4%,3%,3%,2%
- 2 Years
- Cashback
- Free Valuation
- 85%
- 7.95%
- £995
- 5.00%
- 3%,2%
Application fee = £150 *For Free Valuation products: One free standard valuation for properties valued up to £500,000.
Our Limited-Edition Remortgage Products have a £750 Cash Back.
| Credit Criteria | |
|---|---|
| CCJs: | None |
| Default: | 0 registered in 12 months |
| CCJ/Default Value: | No limit |
| Secured Missed Payments: | 0 in 12 months (No arrears balance in last 6 months) |
| Bankruptcy/IVA: | Discharged > 6 years ago |
| Reposessions: | None in last 6 years |
| Debt Management Plan: | Considered if satisfied over 12 months ago |
Pepper12 - Limited Edition - (remortgage only) - Suitable for customers that haven’t had a CCJ or Default in the last 12 months
Product
Term
Incentive
Free Valuation
LTV
Initial Rate
Comp Fee
Reversion Rates
(LMR +)
ERC
- 5 Years
- Cashback
- Free Valuation
- 75%
- 6.70%
- £995
- 4.60%
- 4%,4%,3%,3%,2%
- 2 Years
- Cashback
- Free Valuation
- 75%
- 6.95%
- £995
- 4.60%
- 3%,2%
- 5 Years
- Cashback
- Free Valuation
- 80%
- 7.00%
- £995
- 4.85%
- 4%,4%,3%,3%,2%
- 2 Years
- Cashback
- Free Valuation
- 80%
- 7.35%
- £995
- 4.85%
- 3%,2%
- 5 Years
- Cashback
- Free Valuation
- 85%
- 7.85%
- £995
- 5.00%
- 4%,4%,3%,3%,2%
- 2 Years
- Cashback
- Free Valuation
- 85%
- 8.05%
- £995
- 5.00%
- 3%,2%
Application fee = £150 *For Free Valuation products: One free standard valuation for properties valued up to £500,000.
Our Limited-Edition Remortgage Products have a £750 Cash Back.
| Credit Criteria | |
|---|---|
| CCJs: | 0 registered in 12 months |
| Default: | 0 registered in 12 months |
| CCJ/Default Value: | No limit |
| Secured Missed Payments: | 0 in 12 months (No arrears balance in last 6 months) |
| Bankruptcy/IVA: | Discharged > 6 years ago |
| Reposessions: | None in last 6 years |
| Debt Management Plan: | Considered if satisfied over 12 months ago |
Pepper6 Light - Limited Edition - (remortgage only) - Suitable for customers that haven’t had a CCJ or Default in the last 6 months
Product
Term
Incentive
Free Valuation
LTV
Initial Rate
Comp Fee
Reversion Rates
(LMR +)
ERC
- 5 Years
- Cashback
- Free Valuation
- 75%
- 6.85%
- £995
- 4.60%
- 4%,4%,3%,3%,2%
- 2 Years
- Cashback
- Free Valuation
- 75%
- 7.10%
- £995
- 4.60%
- 3%,2%
- 5 Years
- Cashback
- Free Valuation
- 80%
- 7.35%
- £995
- 4.85%
- 4%,4%,3%,3%,2%
- 2 Years
- Cashback
- Free Valuation
- 80%
- 7.55%
- £995
- 4.85%
- 3%,2%
Application fee = £150 *For Free Valuation products: One free standard valuation for properties valued up to £500,000.
Our Limited-Edition Remortgage Products have a £750 Cash Back.
| Credit Criteria | |
|---|---|
| CCJs: | 0 registered in 6 months |
| Default: | 0 registered in 6 months |
| CCJ/Default Value: | No limit |
| Secured Missed Payments: | 0 in 12 months (No arrears balance in last 6 months) |
| Bankruptcy/IVA: | Discharged > 6 years ago |
| Reposessions: | None in last 6 years |
| Debt Management Plan: | Considered if satisfied over 12 months ago |
Pepper6 - Limited Edition - (remortgage only) - Suitable for customers that haven’t had a CCJ or Default in the last 6 months
Product
Term
Incentive
Free Valuation
LTV
Initial Rate
Comp Fee
Reversion Rates
(LMR +)
ERC
- 5 Years
- Cashback
- Free Valuation
- 75%
- 6.85%
- £995
- 4.60%
- 4%,4%,3%,3%,2%
- 2 Years
- Cashback
- Free Valuation
- 75%
- 7.10%
- £995
- 4.60%
- 3%,2%
- 5 Years
- Cashback
- Free Valuation
- 80%
- 7.35%
- £995
- 4.85%
- 4%,4%,3%,3%,2%
- 2 Years
- Cashback
- Free Valuation
- 80%
- 7.55%
- £995
- 4.85%
- 3%,2%
Application fee = £150 *For Free Valuation products: One free standard valuation for properties valued up to £500,000.
Our Limited-Edition Remortgage Products have a £750 Cash Back.
| Credit Criteria | |
|---|---|
| CCJs: | 0 registered in 6 months |
| Default: | 0 registered in 6 months |
| CCJ/Default Value: | No limit |
| Secured Missed Payments: | 0 in 12 months (No arrears balance in last 6 months) |
| Bankruptcy/IVA: | Discharged > 6 years ago |
| Reposessions: | None in last 6 years |
| Debt Management Plan: | Considered if satisfied over 12 months ago |