Perenna completes Scroll Finance integration
We are thrilled to announce that Perenna has completed the integration of Scroll Finance.
Scroll was built to bring a modern approach to the mortgage market, a vision that aligned closely with Perenna’s. Its product range includes second-charge mortgages for buy-to let-investors, including both 2 and 5-year home equity loans, home equity lines of credit, and multi-property loans.
Scroll will remain a separate brand focused on second charge lending.
The move also supports our plans to launch first charge Buy-to-Let later this year.
What this means for brokers?
Bringing Perenna and Scroll together gives us more scope to create new lending solutions for brokers and their clients.
As our offering grows, brokers will have more ways to support their clients.
We will share more about first charge Buy-to-Let when it launches.
Mil Consiglio joins Perenna
Mil Consiglio is joining Perenna as Head of Sales. Mil will work with our broker network and help promote our broadening proposition.
Ashish Kashyap, Deputy CEO and Chief Commercial Officer, said:
“Perenna was founded to bring innovation and competition to the UK mortgage market, and it has had significant early success. As the business matures, we have the opportunity to diversify into segments of lending where borrowers and brokers continue to be underserved.”
“Bringing together Perenna and Scroll’s complementary expertise gives us a strong platform from which to accelerate that ambition. Scroll brings established expertise in second charge lending, while our planned entry into first charge Buy to Let will further broaden the solutions we can offer.”
“Mil joins us at an exciting point in that journey. His experience and relationships across the mortgage market will be invaluable as we strengthen our engagement with brokers, build awareness of our expanding proposition and pursue the next phase of our growth.”
Mil Consiglio, Head of Sales at Perenna, added: “Perenna has a clear ambition to grow its presence in specialist lending, and the combination of Perenna and Scroll gives us a strong proposition to take to the broker market.”
“My focus will be on supporting the continued evolution of our proposition, ensuring we deliver excellent outcomes for customers and equip our distribution teams with the solutions, processes and support needed to serve the broker market effectively. With first charge Buy- to-Let to come, we have a real opportunity to broaden our reach and help more customers meet their borrowing needs.”
For professional intermediaries only.
Correct at time of publishing.
