PEP
Personal Equity Plan. A tax efficient savings plan which can be used to help repay an “interest-only” mortgage. Tax assumptions are those currently applicable and are subject to statutory change. PEPs are no longer available.
PEP
Your home may be repossessed if you do not keep up repayments on your mortgage.
Finance Advice Centre Ltd is authorised and regulated by the Financial Conduct Authority in respect of consumer credit activities. Finance Advice Centre Ltd is an Appointed Representative of Finance Advice Group Ltd which is authorised and regulated by the Financial Conduct Authority under number 624517 in respect of mortgage and insurance mediation activities only.