Brendan Burgess
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Moderator's note: the headline of the Irish Independent article is incorrect: Pepper are offering "fixed reduced monthly repayments", not fixed rates, to struggling customers.
www.independent.ie
Mortgage servicing company Pepper, which operates on behalf of vulture funds, said it will offer fixed mortgage repayments to customers unable to cope with multiple interest rate rises. Loan servicers generally do not offer fixed rates, with huge numbers of borrowers on high-cost variables instead.
Pepper also said it will lower interest rates for under-pressure customers, and is setting up a new dedicated support unit to help customers hit hard by rate rises, the Irish Independent has learned.
Pepper services around 60,000 mortgages, which are ultimately owned by vulture funds.
Company operating on behalf of vulture funds to offer fixed rate mortgages to under-pressure borrowers
Mortgage servicing company Pepper, which operates on behalf of vulture funds, said it will offer fixed mortgage repayments to customers unable to cope with multiple interest rate rises. Loan servicers generally do not offer fixed rates, with huge numbers of borrowers on high-cost variables instead.

Mortgage servicing company Pepper, which operates on behalf of vulture funds, said it will offer fixed mortgage repayments to customers unable to cope with multiple interest rate rises. Loan servicers generally do not offer fixed rates, with huge numbers of borrowers on high-cost variables instead.
Pepper also said it will lower interest rates for under-pressure customers, and is setting up a new dedicated support unit to help customers hit hard by rate rises, the Irish Independent has learned.
Pepper services around 60,000 mortgages, which are ultimately owned by vulture funds.
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