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Introducing the Perenna Own New Rate Reducer mortgage!

Introducing the Perenna Own New Rate Reducer mortgage 21 March 2024 by Abi Walker

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!