Pepper Money Criteria Quiz

You can find the answers to the 10 criteria questions below on TFC's Pepper Money web page and in the criteria and product guides - click here to access them.

Those who score over 80% will receive a certificate of completion and be entered into the prize draw to win a Wine and Cheese Selection Hamper. Complete the quiz by 24 November to be entered into the draw.

Question Title

* 1. Please enter your Full Name

Question Title

* 2. Please enter your email address

Question Title

* 3. Please enter your contact telephone number

Question Title

* 4. What are the LTV’s on the packager exclusive residential Pepper 12 and Pepper 6?

85% on Pepper 12 and 75% on Pepper 6

85% on Pepper 12 and 80% on Pepper 6

85% on Pepper 12 and 6

Question Title

* 5. How long does a zero hour contractor have to be working for Pepper to accept the income?

2 years (can be multiple zero hour contracts over that period)

3 years (can be multiple zero hour contracts over that period)

Pepper does not accept zero hours contractors

Question Title

* 6. What’s the minimum time contracting to fit Pepper's day rate contractor policy and what is the minimum day rate?

12 months as a contractor, minimum day rate is £150

12 months as a contractor, minimum day rate is £200

24 months as a contractor, minimum day rate is £200

Question Title

* 7. What’s the minimum time an applicant must have a DMP for before Pepper will lend on a DMP product?

12 months

18 months

24 months

Question Title

* 8. Will Pepper allow a concessionary purchase?

Yes

Question Title

* 9. How many years does an applicant need to be self-employed before Pepper accept the income and what do they take as income for a LTD company?

12 months and salary only

12 months and salary + dividends

24 months and salary + dividends

Question Title

* 10. How many sources of income will we allow?

Maximum 1 employed income + benefits/overtime/shirt allowance/commission/bonus

Maximum 2 employed incomes + benefits/overtime/shirt allowance/commission/bonus

Maximum 2 employed incomes

Question Title

* 11. What is the rental calculation for the limited edition 5 year BTL product?

125% at 3.30% (pay rate)

130% at 3.30% (pay rate)

140% at 3.30% (pay rate)

Question Title

* 12. What is the maximum number we can accept in an applicant’s portfolio?

5 Background Properties

7 Background Properties

9 Background Properties

Question Title

* 13. What is the maximum LTV for Interest only?

50%

55%

60%