Mortgage Brain has partnered with residential mortgage lender, Perenna, to host a free Criteria Masterclass.

Taking place on 25 April 2024 at 11:00am, this online session aims to give educate brokers on long-term fixed rate mortgages and how they can provide stability, flexibility, and enhanced borrowing power for customers.

Hosted by Katie Thompson, national account manager at Mortgage Brain, and featuring Graham Laverty, intermediary support manager at Perenna, this latest in the Mortgage Brain Criteria Masterclass series will delve into Perenna’s unique mortgage products. The lender is committed to providing a long-term solution to the issues currently troubling the UK mortgage market, such as interest rate risk, affordability for first time buyers and the refinancing burden on borrowers and brokers.

Key highlights:

• Introduction to Perenna. Discover the philosophy behind Perenna’s mortgage solutions.
• Stability with flexibility. Learn how Perenna’s long-term fixed rate mortgages can offer both security and adaptability, with terms ranging from 15 to 40 years and a short Early Repayment Charge (ERC) period of just five years.
• Maximising borrowing power. Gain insights into how Perenna’s approach to affordability assessments can help more first-time buyers and those in later life stages.
• Age is just a number. Explore Perenna’s policy of not applying maximum age limits, opening up more opportunities for clients in their later years.
• Commitment to brokers. Understand Perenna’s dedication to broker partnerships through their proc fee approach and how it benefits both brokers and their clients.
• Real-life case studies and Q&A session. Analysis of real-life examples and participate in a Q&A session with Graham Laverty for greater understanding and practical insights.

Pollyanna Puddephat, head of marketing for Mortgage Brain, said: “We are thrilled to join with Perenna for this ‘first of a kind’ Criteria Masterclass on long-term fixed rate mortgages. Mortgage Brain’s technological expertise coupled with Perenna’s innovative mortgage solutions means that we are truly ‘better together’.

“This partnership is a testament to our shared commitment to revolutionise the mortgage industry and provide unrivalled support to brokers and customers alike. We believe that this session will not only showcase the potential of our combined expertise but also significantly enhance the way the mortgage market operates for the better.”