"We are proud to add yet another major network to our lending panel, further expanding the reach of our mortgage products."
- Colin Bell, founder and COO of Perenna
Perenna has announced a new partnership with HL Partnership, offering the network's 900 advisers and 400 firms access to its mortgage products.
Since January 2024, Perenna has provided the UK market with its long-term fixed rate product offering, catering to all stages across the homeowning journey.
Through its offering, Perenna is able to lend up to 95% LTV and up to six times a borrower’s income. Perenna's later life offering has no maximum age policy, meaning greater choice for those in or approaching retirement.
HLP joins a range of networks on Perenna’s lending panel including Mortgage Advice Bureau, Stonebridge, Legal and General Mortgage Club, Connells Group, and Quilter.
Colin Bell, founder and COO of Perenna, commented: “We are proud to add yet another major network to our lending panel, further expanding the reach of our mortgage products. Perenna is committed to providing more choice for mortgage borrowers and educating the market that long term fixes can be flexible and may allow people to borrow enough to get the home they really want. Through partnerships like this, we will further expand the reach of Perenna and improve the variety of choice for homeowners and potential buyers alike.”
Neil Hoare, commercial director of HL Partnership, added: “HL Partnership welcomes Perenna to its panel. It is an exciting time when we launch a new and innovative lender to the panel which we hope, in a volatile interest rate market, will be able to offer great outcomes to those customers looking for the certainty that long term fixed rates offer. We look forward to working with Perenna and delivering a wider range borrowing solutions for its members to offer to meet their customer needs.”
