Pepper Money has reduced the price of every mortgage product in its range by 0.20%, in response to the continued reduction in swap rates.
This includes products in the lender’s Limited Edition remortgage only offer, which features no upfront fee on Pepper 48 and Pepper 36 core and Light ranges.
The range boasts rates starting from 5.69% up to 75% loan-to-value (LTV).
In addition to zero upfront fees, the products also come with free valuations.
Paul Adams, sales director at Pepper Money, said: “At Pepper Money, we’re always exploring ways to deliver the best possible outcomes for our customers.
“Following the recent Bank of England Base Rate decision, we’ve moved quickly to pass on the subsequent reduction in swap rates, cutting the price of every mortgage in our range by 0.20%.
“These lower rates also apply to our Limited Edition remortgage products, which feature no upfront fees and free valuations.
“This Limited Edition provides a valuable solution for just-off-high-street customers – offering them certainty and affordability without the burden of upfront costs.”
