Hello,
Just looking for anyone else's experience with Pepper and their interest rates.
We transferred from PTSB with a split mortgage on a fixed rate 3.7 %
(no arrears). This fixed rate ended last year and Pepper immediately put up our interest rate (even before ECB hike) and now nearly paying double that %. Unable to fix with Pepper and protect ourselves is scandalous! A question if anyone could answer for me, have they passed on all of the ECB rate hikes to you for those that find themselves on a variable rate with Pepper? So far they have only passed on 2% of the 3.5% (of ecb hikes on top of our base rate) to our mortgage and just wondering anyone else the same or have they passed the full 3.5% ECB hike rate to you?
Also I am curious what they are offering people if they find themselves in trouble? (Which is likely with a lot of us again on these high rates) If you would like to share experience. Our mortgage has gone up 300 euro a month since last year and I can not protect myself from more increases we are being squeezed for every penny. Looks like no one is coming to help us against these increases and need to make some tough desicions.
Just looking for anyone else's experience with Pepper and their interest rates.
We transferred from PTSB with a split mortgage on a fixed rate 3.7 %
(no arrears). This fixed rate ended last year and Pepper immediately put up our interest rate (even before ECB hike) and now nearly paying double that %. Unable to fix with Pepper and protect ourselves is scandalous! A question if anyone could answer for me, have they passed on all of the ECB rate hikes to you for those that find themselves on a variable rate with Pepper? So far they have only passed on 2% of the 3.5% (of ecb hikes on top of our base rate) to our mortgage and just wondering anyone else the same or have they passed the full 3.5% ECB hike rate to you?
Also I am curious what they are offering people if they find themselves in trouble? (Which is likely with a lot of us again on these high rates) If you would like to share experience. Our mortgage has gone up 300 euro a month since last year and I can not protect myself from more increases we are being squeezed for every penny. Looks like no one is coming to help us against these increases and need to make some tough desicions.