Perenna has formed a new partnership with HL Partnership (HLP) to provide the network’s members with access to Perenna’s whole range of mortgage products.

HLP was founded in 2001 and now consists of around 900 advisers and 400 firms.

It joins a range of major networks on Perenna’s lending panel including Mortgage Advice Bureau, Stonebridge, Legal and General Mortgage Club, Connells Group, and Quilter.

PROPOSITION

Perenna offers up to 95% LTV and up to six times a borrower’s income, helping first-time buyers take their first step onto the housing ladder.

The lender also stands out in the later-life market with its no maximum age policy, providing more choice for those in or approaching retirement.

“long-term fixes can be flexible and may allow people to borrow enough to get the home they really want”

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.”

“It is an exciting time when we launch a new and innovative lender to the panel”

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 borrowing solutions for its members to offer to meet their customer needs.”