Pepper Money uses no automated credit scoring — every case is decided by a human reading the actual credit history, including recent events graded by recency. A strong fit for the contractor whose file scores badly but reads well.
| Criteria Requirement | Assessment Policy |
|---|---|
| Income basis | Contract / manual assessment |
| Day-one lending | Case-by-case |
| Minimum history | Flexible |
| IR35 (inside) stance | Contractor-friendly assessment |
| Umbrella accepted | Yes |
| Limited company | Yes |
| Gaps between contracts | Flexible |
| Adverse credit | Recent — no credit scoring, tiered by recency |
| Underwriting | Manual |
| Broker access | Intermediary |
No — every case is decided by a human underwriter reading the actual history, which helps files that score badly but read well. Exact terms are confirmed live at application.
Its tiers extend to more recent events than aged-event lenders accept, graded by recency. The right tier depends on your file, confirmed at application.
On a contract basis, read by the same human judgement alongside the credit history.
Yes to both, with appropriate income evidence for each structure.
Transitional by design — each clean year improves the tier, and the mainstream remortgage follows as events age. We map the exit.
Speak to our contractor mortgage specialists to check live Pepper Money rates and verify your borrowing capacity.