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.
 

At Perenna, we believe that a stable and predictable mortgage is the key to a worry-free life. No longer does your client need to build their life around their mortgage. 

With our long-term fixed rate mortgages, they can secure their finances and focus on what truly matters – living their life. 

The mortgage revolution to set your clients free 

Imagine your clients knowing exactly what they’ll pay each month, without the fear of rising rates. Our long-term fixed rate mortgage offers this certainty, so your clients can plan those big life moments with confidence. 

Forget the mortgage and focus on building a life 

Our fixed rate mortgage provides the stability needed to concentrate on what’s important. With Perenna, your clients can defend their right to build a life without the stress of fluctuating mortgage payments. 

Age is but a number 

We believe in options for everyone, including those in later life. Unlike many other lenders, we don’t have a maximum age limit, so your clients can make the most of their retirement with a mortgage that works for them. 

See how much they can borrow 

Use our mortgage calculator to see how much they could borrow – it only takes a few minutes. 

Want to show your clients more? 

Share our brand video with them, so they can see how we’re creating a nation of happy homeowners, one mortgage at a time. 

Correct at time of publishing.

We are thrilled to announce that Perenna has joined Deposit Unlock, a groundbreaking scheme designed to revolutionise accessibility to new build home financing for first-time buyers or those moving home. 

Developed in close collaboration with lenders and the home-building industry, Deposit Unlock empowers prospective buyers to secure their dream new build home with just a 5% deposit. 

Key highlights for homebuyers… 

• Accessible New Build purchases: With Deposit Unlock, buyers can secure a new build home with only a 5% deposit, while the participating builder covers a significant portion. For example, if the builder contributes 4%, the buyer only needs to find 1%, making homeownership more attainable than ever before. 
• Flexible deposit solutions: Recognising the challenges of saving for a deposit, Deposit Unlock offers flexibility in deposit sourcing. Buyers can contribute their own 5% deposit, utilise cash incentives from the developer, or opt for a combination, significantly reducing the upfront financial burden. 
• Enhanced affordability: By reducing the deposit requirement, Deposit Unlock opens doors to homeownership for first-time buyers and those looking to move home, making new build dreams achievable for a wider audience. 
• Exclusive mortgage benefits: In addition to the 5% deposit option, Deposit Unlock mortgages provide access to exclusive benefits, including increased borrowing power, stable monthly payments, and flexible early repayment terms. 

Deposit Unlock mortgages are available exclusively through independent mortgage brokers. Buyers can receive personalised guidance and explore their mortgage options by connecting with a broker today. 

For further information and updates on Deposit Unlock, please visit our website or reach out to our dedicated team. 

Join Perenna in shaping the future of new build homeownership!

Correct at time of publishing.

We are thrilled to introduce the Perenna Own New Rate Reducer mortgage, an innovation that is set to redefine the landscape of new build home financing. 

Own New is an initiative that brings home builders and lenders together to help more people secure a new build home – and we’re proud to be part of it.  

Here’s why the Perenna Own New rate reducer mortgage stands out: 

Borrowers can access an exclusive mortgage product with a lower rate that is secured for the full mortgage term (no teaser rates here). Plus this is coupled with the signature perks of a Perenna mortgage: 

• Increased borrowing power – borrow up to 6 times income, subject to criteria  
• Monthly payments that don’t change 
• Short early repayment charge to give flexibility 
• No maximum age caps, giving more options in later life 

Interested?  

All Own New mortgages can be offered by approved Own New brokers only. If you’re not already on the panel, you can visit Own New to find out how to be added.  

We are excited about the transformative potential of the Perenna Own New Rate Reducer mortgage in the housing market. 

For further information and updates on our Own New Rate Reducer mortgage, please visit our website or reach out to our dedicated team. 

Join us in shaping the future of homeownership!

Correct at time of publishing.