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Pepper launches 30 month fixed rate mortgage

Pepper Homeloans has launched a limited edition residential mortgage offering 30 month fixed rates.

All rates are fixed 30 months from completion, including 2.93% to 70% loan-to-value and 3.78% to 85% LTV.

The completion fee is set at £995 and early repayment charges are 3% in the first 12 months and 2% in the following 18 months thereafter.

Rob Barnard, sales director of Pepper, said: “The combination of highly competitive fixed rates and a 30 month period makes this product particularly attractive at a time when there is growing speculation about a possible increase in interest rates next year.”

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