Fees, Charges and Important Regulatory Information

Fees or Charges

Fees or Charges may be imposed in certain circumstances. Examples of Fees that may apply are outlined below:

Fee Description	Max. Fee Applicable	Details
Mortgage Deed sealing fee (Deed of Discharge)	€ 38.00	One off fee per property
Scheduling of Title Deeds (Accountable Trust Receipt)	€38.00	Fee per ATR request

As noted above, the maximum fee applicable will be €38 per request. This fee may be lower, as noted in terms and conditions of the original loan offer letter. The exact fee will be noted within the redemption statement issued by Pepper to you/ your Solicitor.

Third Party Fees

You may have to pay third party costs and fees which are incurred by Pepper in the instruction of third parties and are directly payable by you in relation to your account.

Central Credit Register (CCR)

We will register information on your payment history with the Central Credit Register (CCR) in accordance with the Credit Reporting Act 2013.

Your credit rating may be adversely affected if you miss scheduled repayments, make payments late or if you agree to an alternative repayment option or other resolution option. However, a creditor’s interpretation of a borrower’s repayment history depends on that creditor’s scoring criteria.

What is the Central Credit Register?

The Central Credit Register (CCR) was established by the Central Bank of Ireland under the Credit Reporting Act 2013. The CCR is a national database that will collect and store personal and credit information received from lenders for loans €500 or more. It will provide:

· a borrower with an individual credit report detailing their credit agreements; and

· a lender with comprehensive information to help with credit assessments.

For more information on how the CCR collect and use your personal data please refer to their FAQs under the following link:

https://www.centralcreditregister.ie/borrower-area/faqs/

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

Online: www.centralcreditregister.ie
Email: consumerinfo@centralcreditregister.ie
Landline: 01 224 5500

Important Information:

NOTE: Telephone calls may be recorded to confirm instructions given 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 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 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: The entire amount that you have borrowed will still be outstanding at the end of the interest-only period.

If you have a fixed rate loan:

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

If you have an endowment mortgage:

WARNING

THERE IS NO GUARANTEE THAT THE PROCEEDS OF THE INSURANCE POLICY WILL BE SUFFICIENT TO REPAY THE LOAN IN FULL WHEN IT BECOMES DUE FOR REPAYMENT.

Early surrender of the insurance policy in respect of an endowment loan may result in a return to you which would be less than the premiums paid and other charges.

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,...

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 are on interest only:

Warning: The entire amount that you have borrowed will still be outstanding at the end of the interest-only period.

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