Important regulatory information and fees or charges

Fees or charges

Fees or charges may apply in certain circumstances, such as paying off your mortgage. For example:

Type of fee	Maximum fee	Details
Title deeds discharge fee	€ 38	One-off fee per property
Accountable Trust Receipt (ATR)	€38	Fee per ATR request

The maximum fee for an ATR is €38, unless the terms and conditions of your original mortgage specify a lower amount or state that no fee applies. We will set out the exact fees in the redemption statement we send to you or your solicitor.

Early repayment charges

You may incur additional charges if you choose to make an overpayment or repay your loan early.

You can find information on charges and when they might apply in your original loan offer letter and the terms and conditions of the loan.

Third-party fees

You may occasionally have to pay third-party costs and fees. These are charges for services provided by professionals outside of Pepper Advantage that are required to manage your account or property.

Because these scenarios are unique, we deal with them on a case-by-case basis. We will inform you of any such costs separately before they are applied.

What is the Central Credit Register (CCR)?

The CCR is a national database that collects and stores personal and credit information supplied by lenders about loans of €500 or more. It was established by the Central Bank of Ireland under the Credit Reporting Act 2013. The CCR provides:

Individual credit reports for borrowers, detailing their credit agreements
Detailed information for lenders to help them decide on requests for credit

Your credit report on the Central Credit Register (CCR)

We will register information on your payment history with the CCR, in accordance with the Credit Reporting Act 2013.

Your credit report may be affected if you miss scheduled repayments, make payments late or take up an alternative repayment arrangement or other option for paying off arrears.

You can get more information on how the CCR collects and uses your personal data, at www.centralcreditregister.ie/borrower-area/faqs/

For more information on the CCR, you can contact the Central Bank of Ireland:

Website: www.centralcreditregister.ie
Email: consumerinfo@centralcreditregister.ie
Phone: 01 224 5500

Important Information:

Please note: Phone calls may be recorded. This is to confirm any instructions you give and for quality control, training and regulatory purposes.

For a Mortgage on your Home or Buy to Let property:

Warning: If you do not meet the repayments on your credit agreement, your account will go into arrears. This may affect your credit report, which may limit your ability to access credit in the future.

WARNING

YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP PAYMENTS ON A MORTGAGE OR ANY OTHER LOAN SECURED ON IT.

If you have a variable interest rate mortgage:

THE PAYMENT RATES ON THIS HOUSING LOAN MAY BE ADJUSTED BY THE LENDER FROM TIME TO TIME.

If you have an interest- only mortgage:

Warning: If the value of the capital lump sum or asset sale proceeds anticipated by your proposed repayment plan falls short of what you expect, you may be unable to meet the capital repayment that falls due when you reach the end of your interest-only term. You will be liable for any shortfall.

If you have a fixed rate loan:

Warning: You may have to pay charges if you pay off a fixed-rate loan early.

For a Commercial property loan:

Warning: If you do not meet the repayments on your credit facility agreement, your account will go into arrears. This may affect your credit rating, which may limit your ability to access credit in the future.

WARNING:YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP PAYMENTS ON A MORTGAGE OR ANY OTHER LOAN SECURED ON IT

If you have a fixed-rate loan:

Warning: You may have to pay charges if you repay early, in full or in part, a fixed rate credit facility.

If you have a variable interest rate:

Warning: The cost of your repayments may increase

For a Personal guarantor on a Commercial property loan:

Warning for personal guarantors: As a guarantor of this credit, your personal assets, including your home, may be at risk if the borrower does not keep up repayments on this credit facility agreement