Pepper money? Anyone have any experience good or bad please

Lew602

Firstly thankyou to all that's posted in this thread. I've just received my paper work with the mortage offer. As with you all I've been super stressed all the way through. Very relaxed now.
The one query I have is that in the charges pepper states the there will be a charge for peppers legal fees, to be paid to my solicitor. My solicitor has sent me an estimation of around 1300. I assumed this is all I would pay for solicitors cost. Did any one else pay an extra 660. Thank you in advance to anyone that reads this.

ACG

The solicitor does work for you and for the lender (Pepper in your case). The lender has to give an estimate of how much that work will cost, however that cost IS built in to the price you have been quoted usually and at £1300 it sounds very much like it has been.

In effect it is £1300 not £1300 plus £660 - all other lenders quote solicitors fees in the illustration/offer.

myalphabetgirls

Just an update.

We exchanged and completed in 2 days in end - 14th December - hooray! and we are in! Thank you to our lovely patient broker and Pepper as a company for giving us a chance. Thank you also to the comments on this thread from all who contributed for helping me keep sane during a stressful time.

It took 7 weeks to get an official offer from pepoer but in hindsight it was well worth the wait.

We love our new house. Fresh start. New beginnings.

Anyone about to embark on a pepoer money journey hang in there for the best is yet to come!

Lew602

Thanks acg. You were spot on. I'm all paid up now. Collect our keys tue thanks again to acg and everyone that posted on this thread . Made a very unknown process to me look a lot clearer.

Guerillatoker

Put in my application on the 31st. Hoping for a quick turnaround to minimise my period of 'housing insecurity' but fortunately I read poster's experience with Pepper so am prepared for a gradual process. I provided everything I can think they should need so hopefully no snags, but there is always something!

Happyme7

Hi ive been reading up on the posts for pepper mortgages and its great to see ppl getting mortgage offers. We have our mortgage application in from last Friday and Pepper requested more information. Im totally stressed about it all but i know theres not alot i can do about it. My advisor is hoping for an update on Monday so this will be the 6th working day so still early stages yef. But reading everyones comments it does give me some hope its just such a stressful time!

robatwork

Any mortgage offer is not to be sneezed at.

Happyme7

Arghh im so stressed !! How long have ppl had to wait? Im going in to my second week still early i know , its such a worry im trying not to think about it but i cnt help it! Last wk they requested an explanation of adverse credit and other bank statements etc. Should have some update tomorrow my advisor has said. The wait is killing me lol its horrible and i know its still going to be a while yet

Happyme7

Any replies would be much appreciated

ACG

You need to speak to your broker.

We can give estimates, but your broker will be the one to give more specific timeframes as they know your case better than we will and when documents were sent over.