Perenna has announced a new partnership with Quilter Financial Planning, as part of its growth plans.

Perenna’s long-term fixed-rate mortgages will be rolled out across the UK via intermediaries working with Quilter. Its mortgages are fixed for the full term, between 15 and 40 years, with only a five-year early repayment charge (ERC).

This announcement follows a series of additions to Perenna’s lending panel, which now includes Mortgage Advice Bureau, Stonebridge, Legal and General Mortgage Club and, most recently, Connells Group.

Colin Bell, founder and COO of Perenna, said: “As our business matures, our commitment to transforming the UK’s mortgage industry remains. This partnership will make home-ownership even more accessible by working with Quilter intermediaries to offer stable, long-term fixed rate mortgage products, as well as giving people the opportunity to access their property wealth and enjoy it later in life.

“We are excited to collaborate with Quilter and provide a wider range of mortgage options for Quilter intermediaries to offer their clients.”

Charlotte Nixon, proposition and distribution director at Quilter Financial Planning, added: “We are delighted to be partnering with Perenna. We pride ourselves on offering our mortgage advisers a wide range of products to suit all client needs and this partnership helps broaden their choice even more.”