Pepper UK has been appointed by online mortgage broker Habito to provide end-to-end servicing from completion to redemption for their new portfolio of buy-to-let mortgage products.
This month, Habito started lending, having secured £500m of funding. Its inaugural range is aimed at individual buy-to-let landlords, with company buy-to-let launching soon.
Pepper UK will act as a white-label servicer for Habito. It currently manages over £17bn of assets for UK lenders
Gerry McHugh, CEO of Pepper UK, said: “We’re excited about our partnership with Habito and look forward to supporting the next generation of mortgages by bringing together traditional finance and innovation to improve the customer experience.”
Martijn van de Heijden, chief strategy officer at Habito, added: “Having built our origination platform from scratch to guarantee our customers certainty and speed to offer, it made sense for us to work with the best partner to help us service our new mortgages. We look forward to growing with Pepper UK as we expand our offering in the coming months.”