Questions for brokers - re Pepper Mortgages existing customers

watchingtheskies

Hi folks
Wonder if you can help me with this

For existing mortgages with Pepper
1) If a customer wants to go interest only for a short term (due to income drop) is that recorded on credit file as missed, or just as normal?
2) Coming out of a fixed rate next year - are existing customer rates the same as for new customers (i.e. the rates I can see on intermediary site)?

Thanks so much:)

ACG

1) I dont know, but I think it would be as you are paying less than the contractual payment. 
2) They dont offer existing customer rates. You would revert to the standard variable rate. If you want a new product with Pepper, you would have to re-apply as a new customer. 

watchingtheskies

OK thanks ACG, appreciated!