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Pepper Money, Harman House, 1 George St, Uxbridge, UB8 1QQ

Pepper Money

Interesting Case? We're interested.

Our products and criteria have been designed to suit people in interesting situations, people who have a complex income, a young credit history, experienced previous financial difficulties, missed payments, or are recently self-employed.

Key Features & Video

Paid by PMS

For details of when your proc fee will be paid, please click on the button below.

Paid by PMS

Proc Fees

Product	Gross	Net
All	0.27%	0.25%
New Business	0.50%	0.40%

Proc fees - when your proc fee will be paid

Product Type	When does the lender pay PMS?	Frequency
All	5 - 10 working days.	Weekly.

Lenders send payments by BACS which can take anything up to 5 working days to clear at PMS. PMS then make payment to brokers once the funds have cleared in our account.

Overview

Post Code Restrictions:

Please note we don't lend on properties in Scotland & Northern Ireland.

Register

Register to place business with Pepper Money:

*Please select that you are a PMS Mortgage Club member when registering, placing business or checking existing payment route to ensure you receive the procuration fee quoted by PMS.

Pepper Money are a multi-award-winning specialist lender offering mortgages exclusively through intermediaries.

Pepper Money believe in challenging the accepted. They take a more human approach to underwriting, to build a truer picture and reach a fairer outcome for your customers.

Their ever improving range of tools and resources available to our broker partners such as affordability calculators provide a guide of the maximum amount your customer may be able to borrow. Plus, you can identify the right product and documents required for your customer in seconds with their Product Finder and Document Finder.

They pride themselves on their ability to look beyond the numbers on a credit score and their specialist team of skilled, mandated underwriters review each case on its own merits.

With broad criteria, competitive pricing and a positive lending attitude, they help you to help more of your customers. From first time buyers and the recently self-employed, to those with adverse credit or complex incomes.

Why choose Pepper Money?

Here’s why your specialist mortgage cases could be Better with Pepper:

Better for service and support

Manual underwriting on all cases
Dedicated underwriting contact from application to offer
No credit scoring or auto-cascading – the product you see is what you get
Transparent range based on registration date of latest CCJ, default or secured missed payment
Unsecured credit never affects product tier
No value limit on CCJs and defaults; no need for them to be satisfied
Capital raising permissible, without LTV restriction, e.g. for business use or debt consolidation
No debt to income ratio

Better for Residential

One year’s self-employed trading accepted
Latest year used for affordability when trading for two years or more
Day rate contractors must be in a contract and able to demonstrate a minimum 12 months’ history (daily rate x 5 x 46)
Interest Only up to 60% LTV with no amendments to criteria
Sale of main residence accepted as repayment vehicle with no pre-defined minimum equity
They use ‘add backs’ for Limited Co Directors, including pension, car allowance and home office costs, to boost affordability