Pepper Money has launched a limited edition remortgage offer with no upfront fee on its Pepper 48 and Pepper 36 core and Light ranges.
The offer includes 16 products with 2-year and 5-year fixed rates, aimed at helping customers limit their initial costs while providing assurance that rates will not change after the decision in principle (DIP) stage.
Rates for the limited edition remortgage offer start at 5.89% up to 75% loan-to-value (LTV), and in addition to no upfront fees, the products come with free valuations.
Paul Adams, sales director at Pepper Money, said: “UK Finance expects remortgage lending to increase by 30% in 2025, compared to just a 13% rise in product transfers, so brokers can look forward to a growing number of customers looking to shop around for a new mortgage deal in the next 12 months.
Adams added: “Many will be looking to raise additional capital, perhaps for debt consolidation or home improvements and, at Pepper, we don’t credit score or use debt-to-income ratios to make lending decisions.
“This places us in a strong position to help more customers access the loan size they want.
“We also offer capital raising up to our maximum LTVs.
He said: “This Limited Edition remortgage product is available with no fees payable upfront, which should be particularly attractive to those customers who may have just missed out on a high street mortgage and want the certainty of a mortgage offer without having to fork out on fees.”
