Perenna has partnered with HL Partnership (HLP) to increase access to its mortgage products.
Founded in 2001, HLP has 900 advisers and 400 firms that can now access Perenna’s mortgage offerings.
Perenna can lend up to 95% LTV and up to six times a borrower’s income, providing opportunities for first-time buyers.
The company also addresses the later life market with a no max age policy, offering more choices for those in or nearing retirement.
HLP joins other major networks on Perenna’s lending panel, including Mortgage Advice Bureau, Stonebridge, Legal & General Mortgage Club, Connells Group, and Quilter.
Colin Bell, founder and COO of Perenna, said: “We are proud to add yet another major network to our lending panel, further expanding the reach of our mortgage products.
“Perenna is committed to providing more choice for mortgage borrowers and educating the market that long-term fixes can be flexible and may allow people to borrow enough to get the home they really want.
“Through partnerships like this, we will further expand the reach of Perenna and improve the variety of choice for homeowners and potential buyers alike.”
Neil Hoare, commercial director of HL Partnership, added: “HL Partnership welcomes Perenna to its panel.
“It is an exciting time when we launch a new and innovative lender to the panel which we hope, in a volatile interest rate market, will be able to offer great outcomes to those customers looking for the certainty that long-term fixed rates offer.
“We look forward to working with Perenna and delivering a wider range of borrowing solutions for its members to offer to meet their customer needs.”
