Recap of Perenna Live: new build webinar

Our recent webinar, led by Perenna’s National Account Managers Tim Sorrell and Deborah Reeves, focused on our new build mortgage range. It offered insights and tackled brokers’ queries.

Webinar highlights

Own New:

If your client is thinking about a new build home, Own New could be a perfect fit.

Own New connects home builders and lenders to help more people with buying a new build home.

The scheme enables lower-rate mortgages for new homes. It is funded by housebuilders, who pay a small fee upon the sale’s completion. There is no cost to the buyer. This means your client can have a normal mortgage and own 100% of their home.

Deposit Unlock:

One of the main talking points was the Deposit Unlock scheme. This allows clients to buy new homes with just a 5% deposit.

If your client dreams of owning a new home but finds it hard to save, the Deposit Unlock scheme could help.

The scheme allows your client to have a normal mortgage and own 100% of their home. And they’d only need a 5% deposit.

Tim and Deborah highlighted that Deposit Unlock is specifically for new build houses. There is also a maximum loan amount of £750,000. Understanding different construction types is crucial, especially for non-standard properties.

Insights on affordability assessment:

In the webinar, attendees learned about Perenna’s affordability assessment. We look at debt-to-income without a fixed ratio, while also considering debt obligations for responsible lending.

Q&A session:

In the webinar, we answered questions about topics such as offer extensions and non-standard properties. Tim and Deborah gave detailed responses, explaining Perenna’s new build options.

Next webinar:

Save the date for May 16th! We will be hosting our next Perenna Live webinar.

Have ideas or thoughts for future sessions? Email us at broker@perenna.com. We’d love to hear from you!

Interested in how Perenna can help you and your clients? Reach out to us or visit our website.

Correct at time of publishing.