Lapithus Management DAC is regulated by the Central Bank of Ireland as a Credit Servicing Firm. Lapithus services mortgage loans secured upon residential, commercial and other properties for and on behalf of its clients.
In Lapithus SME loans are managed by a team of dedicated Portfolio Managers whose focus is to find the best resolution for the loans. If you are having financial difficulties or are in arrears please contact us, your Portfolio Manager will actively engage with you to find a resolution. To discuss your case with a Portfolio Manager please call 01 697 2600 between 9:00 and 5:00 Monday to Friday.
Click below for a copy of our SME Arrears Guide, which explains our arrears management process for SME loans.
> Downloads: SME Guide
If you are on a variable rate, the interest charged on your mortgage loan is a variable interest rate, which may be adjusted by your lender. The factors that influence your variable rate are the cost to us of funding our mortgage loans, the cost of servicing our mortgage loans and the market rates. Some of these factors fluctuate on a frequent basis however it is only significant movements from the current position that would cause us to review our existing variable rates.
Your lender does not currently offer any other rates that would be available to you at this time. We will notify you if this changes in the future.
Credit Reference Agency
Lapithus Management DAC may share information on your loan with a credit reference agency, which would include details of any missed payments. If you do not meet the repayments on your credit facility agreement, your account will go into arrears. This may affect your credit rating, which may limit your ability to access credit in the future.