Product transfer

Declarations

You are requesting a variation to your mortgage on an “execution only” basis. This means that you have decided for yourself that the mortgage as varied, including any features and benefits, best suits your needs and circumstances.

We are not required to provide you with any advice, nor are we required to assess the suitability of the mortgage against your needs and circumstances as part of this execution only process.

We are able to process your request but it is important that you are aware of the implications of proceeding on this basis.

You are taking responsibility that this mortgage variation is right for you, in particular the amount, the method of repayment, and the remaining term.

While we will assess your mortgage request (i.e. whether we are able to accept the proposed product transfer) we are not responsible for its appropriateness for you.

This means that the regulatory rules concerning suitability will not apply and the protections afforded by those rules will not be available to you.

This does not affect your rights to make a complaint or to refer the matter to the Financial Ombudsman Service, but any allegation of unsuitability (mis-selling) may not be considered by the Ombudsman.

If you are satisfied that the mortgage variation for which you are applying meets your requirements then please save a copy of this declaration in a safe place. A copy of this declaration will also be included with your offer.

An independant financial advisor can be found: here.

Customer details

To assist us with identifying your mortgage account please provide the following details:

An independant financial advisor can be found: here.

Product select

You have the right to request an Illustration for any eligible product we have listed below and can select more than one product. Pepper Money will provide you with an Illustration for all products you request.

The Reversion Rate(s) displayed are a variable rate comprised of a set margin above our Lender Managed Rate (LMR), giving the current rate(s) stated above. This will be your interest rate once your initial discount period finishes, based on the current value of LMR, which can be found here.

LMR may be varied (with immediate effect) in accordance with the terms set out in the Conditions. LMR will never be less than 0%. Your interest rate will never therefore be less than the set margin above LMR during the variable rate period.

An independant financial advisor can be found: here.

Declaration

I declare that:

1. I have read and agree to the Pepper Money Terms of Business for Intermediaries; a copy of which is available here.
2. I am acting as an Intermediary on behalf, and with the authorisation, of the applicant(s) in connection with the application;
3. All of the personal information about the applicant(s) and other data I submit in connection with the application has been provided to me by, and is submitted with the full authorisation of, the applicant(s);
4. I have made the notifications to, and obtained the consents of, the applicant(s) specified in the Notices and Consents Relating to Use of Applicant(s) Information Statement available through the link above; which, for the avoidance of doubt, includes notification to the applicant(s) that UK Mortgage Lending Limited (trading as Pepper Money) (“Pepper”) will use, and retain (in accordance with the applicable laws and regulations), the personal information and data submitted, and will conduct searches of, and use, information regarding the applicant(s) held at credit reference and fraud prevention agencies, in connection with its assessment of the application; and have obtained the consent of the applicant(s) for Pepper to do so; and
5. All information submitted in connection with, included in, and / or given in support of, this application is true, accurate and complete in all respects.

Terms used in this declaration shall have the same meaning as provided in the Notices and Consents Relating to Use of Applicant(s) Information Statement.

Please confirm the following:

To assist us with identifying your client please provide the following details:

Product select

An independant financial advisor can be found: here.