MyHome.ie Blog
  • MyHome Living
  • News
  • RetroFit Hub
  • Buyers Advice Hub
  • Selling
  • Renting
  • Mortgages
  • Property Report
MyHome.ie Blog
  • MyHome Living
  • News
  • RetroFit Hub
  • Buyers Advice Hub
  • Selling
  • Renting
    • Mortgage Learning Center
    • Calculators
    • Best Mortgage Table
  • Property Report
    • All Properties
    • Houses For Sale
    • Apartments For Sale
    • Available To View
    • Overseas Holiday Homes
      • Properties For Auction
      • Upcoming Auctions
      • BER Assessors
      • Property Conveyancing Solicitors
      • Pre-Purchase Surveyors
    • Find Agents
    • All Properties
    • Houses To Rent
    • Apartments To Rent
    • Available To View
    • Share
      • Irish Holiday Homes
      • Overseas Holiday Homes
  • New Homes
    • For Sale
    • To Rent
    • Auction
      • Residential Land
      • Commercial Land
      • Farm Land
      • Farms
      • Sites
    • MyHome Living
    • Buyer Advice Hub
    • Property Report
    • Property Price Register
    • Price Changes
  • Mortgages
    • Rental
    • Holiday Homes
    • Commercial
    • Sharing
Advertisement
  • Home
  • Uncategorized
  • Pepper to offer home loans in Ireland from February 1st
Uncategorized
Jan 21, 2016 - 10:15

Pepper to offer home loans in Ireland from February 1st

MyHome.ie
By MyHome.ie
Share this article
Facebook Share Twitter Share Linkedin Share Email Share Whatsapp Share
Pepper to offer home loans in Ireland from February 1st

The Irish subsidiary of Australian listed financial services group Pepper is set to offer home loans here from February 1st through a small group of brokers.

This will make it the first new mortgage lender in the Irish market since the banking crash in late 2008 and the first non-bank group to offer home loans.

Pepper Homeloans will launch three mortgage products in Ireland for both home owners and buy-to-let loans. They will be targeted at people looking to switch their loans or consolidate their debts, the self-employed or those with impaired credit histories, and first-time buyers.

The loans will be offered through a group of about 20 mortgage brokers but could be extended over time.

Pepper Essential will be available for residential and buy-to-let customers with standard variable rates starting at 3.55 per cent for owner occupiers and 4.5 per cent for investors.

Advertisement

Essential Plus has been “tailored” towards the self-employed and those with “non-standard employment types”, with rates starting at 3.8 per cent for residential and 4.75 per cent for investors.

Its Advantage product will be aimed at people with a “legacy credit event” that is causing them difficulty in obtaining finance. Standard variable rates for this begin at 4.3 per cent for residential and 5.75 per cent for buy to let.

Customers applying for the Advantage loan must not be in arrears or negative equity, and must demonstrate a clean credit record for the past two years.

An arrangement fee of 0.5 per cent will also apply along with a valuation fee of €150. Investors will be required to pay legal fees of €1,550 for their loans.

The maximum term will be 30 years for residential and 25 for buy-to-let and the loans will be targeted at borrowers in the greater Dublin area, Cork, Limerick and Galway.

Subscribe to our weekly MyHome Living eZine today

Processing your request...

You are subscribed now!

<

  • Tags
  • Australia
  • brokers
  • buy-to-let
  • Cork
  • Dublin
  • Essential Plus
  • financial services
  • first-time buyers
  • Galway
  • home loans
  • investors
  • Limerick
  • mortgage
  • mortgages
  • Pepper
  • Pepper Homeloans
  • residential
  • Standard variable rates
MyHome.ie
By MyHome.ie
Share this article
Facebook Share Twitter Share Linkedin Share Email Share Whatsapp Share

Helpful Links

Find your home on MyHome
Read more Articles
Calculate what you can afford to borrow
Welcome to the Retrofit Hub
Advertisement
Advertisement

Related News

What is a Heat Pump?
Uncategorized

What is a Heat Pump?

Feb 27, 2025
Living Cities Initiative
Uncategorized

Living Cities Initiative

Jan 14, 2025
Digital Services Act
Uncategorized

Digital Services Act

Mar 31, 2024
Avant Money and Finance Ireland announce new rates
Uncategorized

Avant Money and Finance Ireland announce new rates

Dec 09, 2021
Average deposit of first-time buyer was €52,000 in first half of the year
Uncategorized

Average deposit of first-time buyer was €52,000 in first half of the year

Dec 07, 2021
Frequent And Popular Searches
MyHome.ie Blog
Help
Jobs
About
Equality Guidelines
Brand Safety
Contact
Terms & Conditions
Cookie Policy
Privacy Policy
Digital Services Act
Sitemap
© Copyright MyHome.ie 2025
Advertisement