New to Perenna or just needed a refresh? Our recent Perenna Live webinar was a reminder of what makes us different and how you can place cases with confidence. 

Our National Account Manager, Deborah Reeves, and our Intermediary Support Manager, Graham Laverty led the session. They walked brokers through the basics such as who we can help, what our lending criteria is, and how to get started with Perenna. 

Who was it for? 

• Brokers looking for a quick criteria refresher. 

• Those who have not placed a case with us recently. 

• Anyone wanting to understand our flexible, fixed-for-term approach. 

What did we cover? 

In this session, we gave a refresher for brokers new to Perenna or those who have not worked with us in a while. 

We covered the core of the Perenna proposition: fixed rates for the entire term, no age limit, and a focus on long-term affordability. We also highlighted the types of clients we support, from high LTV first-time buyers to older borrowers and those with complex incomes. 

We talked about what incomes we accept like pensions, benefits, and money from abroad, and the types of deposits we accept. 

We shared real-life examples, such as gifted deposits, joint applications, and retirement income. During the live Q&A, brokers asked about foreign income, maximum LTVs, and lending to clients with UK travel documents. 

Did you miss it? 

Catch up anytime or connect with your BDM for support: 

• Visit our intermediary site for full criteria 

• Speak to your BDM to discuss live cases 

• Stay tuned for our next Perenna Live session, coming soon… 

We are proud to help brokers place cases with confidence. Brokers trust us because we respond quickly, make things easy, and offer flexible products that work for the long term, especially for clients with unique needs.

Correct at time of publishing.   

At the beginning of this year, we asked for your support – and you delivered! 

We’re incredibly proud to share that Perenna has been named Innovation of the Year at the 2025 British Bank Awards, run by Smart Money People. 

This award means the world to us. It’s not judged by panels or experts – it’s voted for by you, our customers. That makes this win even more special. 

Our Head of Product, Proposition & Distribution, John Davison, collected the award and said it best: 

“I was absolutely blown away last night to collect this award on behalf of Perenna and the fantastic team that have made long-term, flexible fixed rate mortgages a reality in the UK market. The winner of this award is chosen by real customers and is a reflection of the how our product is helping deliver positive outcomes and real change in our industry.  Perenna is here to change things and our customers love what we are doing.” 

It also reflects the belief, hard work, and passion of our brilliant team and partners. 

Smart Money People summed up the night by sharing that over 178,000 reviews were cast during the voting period – a huge show of support from real people, for real innovation. 

We also loved seeing your messages of support on LinkedIn and Instagram – thank you! 

We are moving! From 1 May 2025, our registered office and correspondence address will change to support our ongoing growth. 

While our contact details remain the same, we kindly ask you to update your records to ensure smooth communication and correspondence going forward. 

What is changing? 

Previous address: 

Perenna Bank PLC 

20 Eastbourne Terrace 

London, W2 6LG 

New registered office address: 

Perenna Bank PLC 

The Bloomsbury Building 

10 Bloomsbury Way 

London, WC1A 2SL 

Correspondence address: 

Perenna Bank PLC 

PO Box 854 

Chesterfield 

S43 9FA 

What do you need to do? 

• Please update your records with our new addresses. 

• Use the new address for any future post or paperwork. 

• For any questions, email us at broker@perenna.com. 

This change will not affect our broker services – everything else stays the same. 

Correct at time of publishing.   

Is Perenna new to you, or have you not used us for a while? 

Join our webinar on Thursday, 13th February, from 12 PM to 1 PM GMT. 

Graham Laverty, Intermediary Support Manager, and Janet Frame, Business Development Manager, will explain our range and lending criteria. 

This session is perfect for those new to Perenna or anyone needing a quick update! 

Date: Thursday, 13th February 

Time: 12:00 PM GMT 

Platform: Microsoft Teams 

Register here: https://events.teams.microsoft.com/event/f756e46f-4d99-46ce-a866-740e7c0d8875@961e4b01-2f89-42cf-b991-aa3f575c5152] 

We look forward to helping you and your clients!

Correct at time of publishing. 

We are excited to announce that Perenna has won Best Remortgage Lender at the 2024 Personal Finance Awards! And we were also highly commended in the Best Fixed Rate Mortgage Provider category!  

These awards reflect the strong partnerships we have built with brokers and the trust consumers have placed in us. Thank you for your continued support. It helps us provide flexible mortgage solutions to homeowners. 

We are excited to keep working with brokers to create a nation of happy homeowners. Your role is crucial to our shared success, and we couldn’t do this without you. 

Thank you for being a key part of our journey! 

Correct at time of publishing. 

Retrofitting has become a key topic in the mortgage industry as the demand for energy-efficient homes continues to rise. 

In our latest webinar, I was joined by Perenna’s former Sustainability Lead, Mike Lindsay Bailey, and Matt Lipson from Heat Geek. We explored how retrofitting can play a key role in mortgage advice. 

Mike started the session by explaining why retrofitting is important for the UK’s Net Zero targets. He noted that over 20% of the UK’s carbon emissions come from homes, some of the oldest in Europe. Retrofitting is crucial to lowering these emissions. 

Matt then talked about heat pumps—what they are, how they work, and why choosing an efficient model is so important. He highlighted how the right systems can significantly lower energy bills for homeowners. 

I followed by discussing how mortgage advisors can include retrofit options in their advice. I shared tips on identifying “green flags” that may indicate when retrofit products could benefit clients. Including these options in client discussions can add extra value and help them make smart, energy-efficient choices. 

The session wrapped up with an engaging Q&A. Brokers asked about various retrofit technologies and how to best support clients interested in energy-efficient upgrades. The lively discussion showed the growing interest in this area. 

Perenna’s Retrofit Discount is now available for remortgage applications. Borrowers can get a 0.2% interest rate reduction if they install solar panels or a heat pump within two years of taking out a Perenna mortgage (terms and conditions apply). 

This is a great chance for brokers to help clients save money and create more sustainable homes. 

For more information, check out our Retrofit feature page. 

Don’t miss our next webinar on Wednesday, 6th November. Keep an eye on our socials to register and secure your spot! 

Written by Perenna’s Intermediary Support Manager, Graham Laverty. 

Correct at time of publishing. 

We have made improvements to our product range effective from 6pm Thursday 26 September 2024.   

The change introduces rate reductions across our range:  

• Reductions of up to 0.21% across our purchase range, with rates starting from 5.43%  

• Reductions of up to 0.16% across our remortgage range, with rates starting from 5.55%  

• RIO purchase products will be reduced by up to 0.47%, with rates starting from 5.43%  

• RIO remortgage products will be reduced by up to 0.27%, with rates starting from 5.55%  

For more information, check out our  full product range 

Content correct at time of publication 

For many borrowers, the amount they can borrow is a key priority. But do they realise that the product they choose can impact the amount they can borrow?  

Perenna’s fixed for life products don’t have an SVR or ‘revert’ rate that most short-term products have (and therefore no SVR based stress test)! This means we can unlock higher borrowing amounts for those who need it, whilst giving the flexibility of a short ERC period of 5 years.  

If maximising borrowing power is important to your client, we have a new tool that can help bring this to life. You can now easily see how a Perenna product compares with short-term fixed rate products. Why not give it a try today?

Correct at time of publishing.

We’re excited to announce a new feature for our remortgages that aligns with our commitment to sustainability and helping homeowners upgrade their homes. 

Join the Retrofit Revolution 

Our remortgages now come with an optional Retrofit Discount Feature for customers who plan to upgrade their home within the next two years*. This means lower mortgage payments, reduced energy usage, and less environmental impact. 

Why is Perenna doing this? 

We want to contribute to the UK’s efforts to tackle climate change and reward homeowners for taking on the challenge. Every home that gets decarbonised moves us one step closer to a brighter future. Let’s work together to make a difference. 

Plus, they’ll still receive all the usual benefits of a Perenna mortgage, including: 

• Increased borrowing power – borrowing up to 6 times income, subject to criteria 

• Monthly payments that remain unchanged 

• Short early repayment charge for flexibility 

• No maximum age caps, providing more options in later life 

Find out more 

To learn more about how your clients can benefit from the Retrofit Discount Feature and see potential savings, visit our retrofit page. 

*Terms and conditions apply.

Correct at time of publishing.

Discover the latest from Perenna! Over 100 brokers recently joined our webinar led by Graham, Intermediary Support Manager, and Tim, National Account Manager. They highlighted essential lending insights that you won’t want to miss. 

Graham kicked off the session by exploring our long-term fixed rate proposition with short ERCs, and how this is a great addition to the UK market offering stability with flexibility.   

Tim explained in depth our recent enhancements to lending policy for non-UK nationals, as well as some of our new build products helping more first-time buyers onto the housing ladder.  

They both used case studies to bring the policy to life, with examples ranging from first time buyers, through to borrowers remortgaging, or lending into retirement – covering the full range of customers Perenna aims to serve. 

Perenna provide fixed-rate mortgages for the long term, which keep payments stable throughout the loan period with decreasing Early Repayment Charges (ERCs) over the first 5 years. 

Perenna shows commitment to inclusivity for older borrowers by offering mortgage products designed with no maximum age limits.

The webinar provided brokers with an overview of Perenna’s range, which includes high LTV options, support for self-employed applicants, and updated policies for foreign nationals and new build properties. For more information about Perenna’s lending criteria, please visit our website. 

During the Q&A session, Tim and Graham addressed numerous broker questions, highlighting strong interest in Perenna’s offerings and policies. Topics ranged from offer extensions to non-standard properties and specific case scenarios.  

Graham ended by emphasising how important the relationship between lender and intermediary is to Perenna, and how working together can help us to deliver better customer outcomes.  

Don’t miss our next webinar on Thursday, July 25th! Learn how Perenna’s products cater to clients in later life stages. Register now to secure your spot!

Correct at time of publishing.