• Broker
    The information contained in this area of our website is for FCA regulated brokers only and not intended for consumer usage.
  • Consumer

SEMI-EXCLUSIVE PRODUCT: SPECIALIST RESIDENTIAL MORTGAGES FOR THE SELF EMPLOYED AND CREDIT IMPAIRED

By Pepper Money and available via the multi-award winning team at Brightstar.

We have access to a semi-exclusive product on Pepper 6, 12 & 18 ranges that enable our introducers to offer their clients an additional 5% LTV, compared to placing the case directly with Pepper Money.

 

Product features and highlights:

  • Up to 85% LTV (80% LTV on a direct-to-lender basis) on Pepper 12 & 18 ranges with rates starting at 4.25%
  • Up to 80% LTV (75% LTV on a direct-to-lender basis) on Pepper 6 with rates starting at 5.60%
  • New 5-year fixed rate options with affordability calculated at pay rate and offering £150 cashback upon completion
  • First time buyers: 100% cash gifted deposit.  Must have a 12 month history of rental payments or household upkeep
  • Free standard legals for remortgages

 

Self employed applicants:

  • Self employed applicants with one year trading
  • For sole traders, net income is used to calculate affordability and for company directors it’s salary and dividends

 

Applicants with low credit score and / or adverse credit history:

  • No credit scoring
  • Active DMPS that have been running for at least 12 months
  • Defaults & CCJs don’t need to be satisfied, there is no value limit and can be registered as recently as 6 months ago

 

TO DISCUSS AN ENQUIRY, OR FOR FURTHER INFORMATION, CALL: 01277 508959 

 

Subject to status.  Products and criteria are subject to change or withdrawal at any time.  Please contact us regarding current availability.

FOR INTERMEDIARIES ONLY AND NOT INTENDED FOR THE GENERAL PUBLIC.