What credit score do I need to buy a home?
We don’t just look at the black and white boxes on your application. We make the effort to get to know the person behind the application and understand your personal circumstances.
We ask the questions that matter and uncover the reasons behind any small credit issues on your credit report. This allows us to assess your application in-line with our responsible lending obligations and make an informed decision on your ability to repay your loan. What this means, is you could still apply for a Pepper Money home loan even with a less-than-perfect credit history.
How much deposit do I need to buy my first property?
Saving your deposit is often the hardest part of buying your first property. But the good news is that may be able to help after you've saved your 20% deposit. You’ll also need some funds in reserve for conveyancing and legal fees – and don’t forget about any new furniture or decor you'll want to buy!
We may also be able to help if you’ve recently been gifted all or part of your deposit; for example, if it's through inheritance, or a very generous family member.
Learn more about our first home buyer home loan
The choice is yours
Any loan applications are subject to the Pepper Money team completing responsible lending checks and considering your/every customers individual circumstances.