We are pleased to announce a new 5-year fixed mortgage in our range.

This gives brokers another flexible way to support clients.

Features:
• 5-year fixed rate, followed by the Perenna Reversion Rate (PRR)
• Rates starting from 4.68%
• 10% annual overpayment allowance
• Flexible ERCs – no charges if your client sells, moves, or repays with their own funds
• Up to 6x income at 95% LTV, no maximum age (subject to criteria)

This new product gives you another option to help clients access flexibility with structure. Alongside our 7, 10, and 15-year fixed products, Perenna continues to provide simple, transparent long-term solutions.

You may have spotted it on our socials – on 27th November, our team joined advisers, business owners, and introducers at the ICC in Birmingham to celebrate 25 years of Mortgage Advice Bureau at the MAB Conference. 

It was a busy day full of insight, learning, and conversations about the future of mortgage advice. 

Advisers visited stands, caught up with lenders and providers, and joined quick seminars on the trends set to shape the intermediary market in 2025. 

Our team spent the day with advisers, showing how Perenna’s 7–15 year fixed-rate mortgages give clients certainty and flexibility. Long-term stability is still a top priority for brokers and their clients. 

Our branded giveaways were a hit, with stress balls and playing cards flying off the stand first – proving that a little fun goes a long way in starting conversations! 

And then there was our balloon walkaround. It didn’t just turn heads – it got people talking! It was the perfect way to spark conversations and showcase Perenna’s bold presence across the venue (watch this space on LinkedIn for more highlights)! 

John Davison, Head of Product, Proposition & Distribution, said: “It was a great chance to reconnect with advisers and see how our long-term fixed solutions can support their clients. The demand for certainty and flexibility has never been higher.” 

Our three key takeaways 

1. 1. Certainty is top of mind
   Brokers are seeing clients demand long-term stability. Solutions like Perenna’s 7–15 year fixed rates help clients reduce risk and plan with confidence, giving you a clear value proposition to highlight. 
2. 2. Innovation drives the market
   Advisers are embracing flexible products and fresh advice models. Staying ahead with innovative solutions can help you stand out and better meet client needs. 
3. 3. Partnerships matter
   Face-to-face conversations proved the power of collaboration. Strong relationships with lenders and providers make your advice more relevant, and your clients’ outcomes stronger. 

Thank you to everyone who stopped by our stand, shared feedback or took the time to learn more about Perenna’s products. 

If we didn’t get a chance to catch up with you on the day, we would still love to speak with you! Find out how Perenna’s long-term fixed-rate mortgages can help you support clients: Contact Us | Perenna Brokers 

For professional intermediaries only. 

We are pleased to share that Perenna has been recognised once again at the 2025 Personal Finance Awards, one of the industry’s most trusted consumer-voted programmes. 

This year, we are proud to have been named Best Remortgage Lender for the second year in a row. 

This award reflects the trust borrowers place in our long-term fixed rate mortgages, and the strong partnerships we have built with brokers across the UK. Your support helps us deliver more certainty, flexibility and confidence to homeowners. 

We remain committed to supporting the intermediary community and working with you to create a nation of happy homeowners. We are excited for what is ahead. 

Thank you for being a vital part of our journey. 

Correct at time of publishing. 

On 5th November, brokers joined Janet Frame and Graham Laverty to see how Perenna’s long-term fixed-rate mortgages help clients plan with confidence and make brokers’ lives simpler. 

The session showed Perenna’s strengths and how our long-term fixed rates give brokers and clients more choice and confidence. 

Who was it for? 

Brokers looking to: 

• Understand updates to our long-term fixed range. 

• Learn how our flexible criteria can support a wider range of clients. 

• Refresh their knowledge of Perenna’s approach and proposition. 

We had strong attendance, with engagement throughout the Q&A session. Brokers asked thoughtful questions that showed how valuable the session was for their day-to-day work. 

What did we cover? 

Janet and Graham opened with an overview of Perenna and our key strengths, then explained how our long-term fixed rates give brokers the tools to offer clients certainty and stability. 

Key updates included: 

• New 7, 10, and 15-year fixed rates for more choice and flexibility 

• No ERC if a client sells, moves, or repays using their own funds 

• 10% annual overpayment allowance during the fixed period 

• No maximum age

• Up to 6x income (subject to criteria) at 95% LTV 

Using real examples, they showed how Perenna helps clients—from first-time buyers to later-life borrowers. 

Broker Q&A highlights 

The session featured pre-submitted and live questions, including: 

• Affordability for self-employed and older clients 

• Capital raising and interest-only options 

• Lifetime mortgages as repayment vehicles 

• Use of cryptocurrency and gifted deposits 

Janet and Graham tackled every question, showing Perenna’s flexible, common-sense approach to lending and case support. 

Missed it? 

Do not worry if you could not join live, we will be sharing clips and highlights from the session soon on LinkedIn. 

In the meantime, explore our long-term fixed rate range here: Long-term fixed rate mortgages | Perenna Brokers 

For personal support, contact our team: Contact Us | Perenna Brokers 

Stay tuned for our next Perenna Live session! 

Correct at time of publishing. 

We have expanded our range with new 7, 10 and 15-year fixed-rate products. These products are designed to give your clients financial confidence that lasts. 

At Perenna, we believe homeowners shouldn’t have to worry about rising interest rates. 

That’s why our long-term fixed rates offer both stability and flexibility. Your clients have peace of mind with fixed payments for a longer period – with no ERCs if they sell or move, and no other hidden penalties. 

Key features 

• Fixed rates from 7 to 15 years 

• No ERCs when clients sell – freedom to move when life changes 

• 10% annual overpayment allowance during the fixed period 

• Borrow up to 6x income at 95% LTV, subject to criteria 

• No maximum age 

Why it matters? 

In a market where certainty is key, these products help you provide tailored solutions for clients, from first-time buyers to later-life borrowers. 

Help your clients secure long-term stability with our 7–15 year fixed mortgages. 

For more information, check out our full product range. 

You can find out more about our long-term fixed rate mortgages here. 

Rates and content correct at time of publication. 

For professional intermediaries only.  

We have recently updated our mortgage servicing system. We have written to all affected customers to explain these changes. This ensures your clients are informed and that you can continue to provide guidance confidently. 

What does this mean for your customers? 

• The Perenna customer portal is no longer active. The broker portal is unchanged. 

• If your customers need to retrieve any documents or make changes to their account they can do so by contacting us directly. 

• A full overview of changes can be found in a letter your customer received in the post and in the terms and conditions. 

What do they need to do? 

No action is required. This update is for information only. 

If your customers have questions, they can call our Customer Service team on 0333 038 2430 or email admin@servicing.perenna.com. They can also visit our Help page for answers to the most frequently asked questions about their Perenna mortgage, documents, and their account. 

Correct at time of publishing. 

We’re excited to welcome Alia Rehimbek and Ryan Hutchison to Perenna as our new Intermediary Support Agents. 

Alia and Ryan will be working within the Intermediary support team to provide brokers with guidance and ongoing support. 

From assisting with day-to-day queries to helping brokers navigate our proposition, they’ll play a vital role in ensuring our broker partners can deliver the best outcomes for their customers. 

Graham Laverty, Intermediary Support Manager, said:
“We’re thrilled to have Alia and Ryan join the team. Their energy and expertise will be a huge asset as we continue to support our broker networks and grow Perenna’s presence in the market.” 

Please join us in welcoming Alia and Ryan to the Perenna team! 

Correct at time of publishing. 

We’re excited to welcome Steve Mannakee as Perenna’s new National Account Manager. 

He’ll be working alongside Janet Frame, who has recently been promoted to National Account Manager. 

Together, they’ll support broker networks, mortgage clubs, and key accounts, providing training, guidance, and ongoing support. 

From onboarding new partners to representing Perenna at industry events, he’ll play a vital role in building our presence in the mortgage market. 

John Davison, Head of Product, Proposition and Distribution, said: 

“Brokers are at the heart of everything we do at Perenna, and the advice they provide borrowers is irreplaceable. We’re delighted to have Steve join as we look to expand Perenna’s distribution and product range. Steve will bring valuable experience, energy, and commitment to supporting our partners.” 

We’ll also be saying goodbye to our National Account Manager, Deborah Reeves, as she heads on to pastures new. We’d like to wish her the very best and thank her for being such an important part of Perenna’s journey. 

Please join us in welcoming Steve Mannakee to the team! 

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.