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Hi all. Just an update on what happened regarding the Pepper Settlement previously outlined. Earlier in the year Pepper accepted my offer for the market value of the house-180k for full and final settlement of the 440k mortgage including arrears. For all the advice given on this thread and the...

Not signed up to split. Was only offered that late summer last year and declined due to fear of balloon payment which I must admit going by comments here is a decision I could yet live to regret.

House is 2400 sq ft. That’s €125/sq/ft. With a lot of planning stipulations put in place(extra stonework,natural slate etc) surely not outrageous for peak time boom???

I I completely understand that re what Pepper want. But the way I’m looking at it is that I have tried to put forward proposals to them where they would have me as a long term paying customer(I’m in my mid thirties) as long as the mortgage is sustainable. I felt that the split offer with a huge...

Hi Bronte. It’s a piece of machinery that I use in my job. As stated in post to Brendan my brother has since tied money up elsewhere. God no,loan is not from Pepper. In 2016 and 2017 I asked pepper could they do a mortgage for the market value of the house or 20/30k above it out of the new and...

It’s been three years since the offer of the money from my brother was initially proposed to Pepper. When it wasn’t accepted my brothers life has moved on and his money is now tied up elsewhere. I feel you picked me up completely wrong yesterday Brendan. I am in no way looking for a freebie,i...

To be honest at time of construction in my naïveté I didn’t even know it could affect the sale and this was down to the fact That I never in any way even thought that the sale could ever possibly arise.

Self employed in construction at time of drawdown. Mortgage broker advised me to consolidate 2 business loans into the mortgage. Lender had no problem with this as there was large equity at the time. Attic conversion cost approximately 5k extra at time of build and was done at the time as I...

U Unfortunately at time of construction I never thought it possible that the current situation would arise

Currently paying a token of €400/month. Cant fully work as I need a new piece of equipment costing €10k. Income as the moment is seriously hampered. My lender has assured me they can give me this but says they will have to pull the mortgage offer in order to put through the €10k application...

Having had to jump through a million different hoops to get planning for a house with no neighbors in a very remote setting I don’t think a glorified attic conversion constitutes a major planning issue.

Thanks for your reply Dazzler123. That’s why I initially posted-where does one get this professional advice?

Thanks Bronte. By the time my brother put the money together and we were able to put the proof of funds to them they spent a couple of months deciding on it a then proposed the split offer.

I can ensure you all that there is no sense of entitlement in what I have said. The manager of the financial institution I have been approved the money from was the one that suggested I stop paying in order to get an answer from pepper which I do feel entitled to after 9 months waiting. Pepper...

Brendan. Many thanks for the advice and kind words.

Very disappointed with your reply Brendan. I have worked my fingers to the bone for years having unfortunately taken out this mortgage based on construction income which had collapsed inside 12 months of drawdown. Repayments were made religiously for 11 years to the absolute amount we could...

The split was approximately 240K over 30 years at 5.5% and €140K shelved until the 30 years was up.

Apologies if not the correct Template. I currently have a 12 year old Mortgage with pepper for €300K + €80K arrears. €1000 being paid very regularly for several years adding up to about €180K in total repaid. They proposed in April 2017 that if we could acquire funds they would take full...

Hi all. I'm looking for advice. We currently have a mortgage with a surprise lender on the family home. We have negotiated a potentially large write down. Mortgage is currently €360,000 and they seem willing and keen to accept €100,000.(house value now at €160,000 but location very poor hence...

But if I was to repay him "rent" to the value of the mortgage repayment on the house can pepper have a grievance with that because I have to rent someplace to live.