Editor's note: This brief was summarised by The Property AI Newsroom from a report by Mortgage Strategy. Read the original article for full details.

Pepper Money launches five-year fixed buy-to-let range with 2% fees

Pepper Money has launched a five-year fixed buy-to-let range with 2% product fees. Rates start from 5.7%, and the lender says the range is designed to give landlords longer-term certainty over their costs.

Who the range is aimed at

Pepper Money's buy-to-let proposition is designed for landlords whose circumstances do not fit the mould of high street lenders. According to the lender, this includes customers with complex income profiles, smaller portfolios, or cases that require specialist underwriting.

What the lender says

Paul Adams, director of sales at Pepper Money, said: "Landlords continue to navigate a complex market, and brokers need lenders that can provide competitive options, practical criteria and certainty for their customers."

"The launch of our new range gives advisers more choice when supporting landlords who are looking for longer-term stability."

"This is another step in strengthening our buy-to-let proposition and supporting advisers with a broader range of solutions for customers who may not fit a standard lending approach."

What it means for agents and landlords

For letting agents and inventory clerks, longer-term fixed buy-to-let products may be relevant when advising landlords weighing up refinancing decisions or planning portfolio changes. Pepper positions the range as offering landlords longer-term stability over costs, targeting borrowers who fall outside standard high street lending criteria.