Sesame Bankhall Group partners with Perenna Bank

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Perenna Bank has joined the lender panels of Sesame Network and PMS Mortgage Club, parts of Sesame Bankhall Group.

Mortgage lender Perenna seeks to provide “fair and flexible” mortgages, offering long-term fixed rates to meet the needs of borrowers across the UK – whether first-time buyers, home movers, or those wanting to remortgage or borrow in retirement.

Through this new partnership, Sesame Network and PMS Mortgage Club members will have access to fixed rate mortgages ranging from terms of 15 to 40 years, with only a five-year early repayment charge.

Perenna will also lend up to six times a borrower’s income, subject to eligibility and criteria, and has no maximum age limit.

Stephanie Charman (pictured), group partnerships & propositions director at Sesame Bankhall Group, said: “We’re thrilled to be partnering with Perenna as they align with our mission to provide our Sesame Network and PMS Mortgage Club members with access to a diverse range of lending options that can best meet the varying needs of their individual clients.

“With many people continuing to deal with cost-of-living pressures, Perenna’s flexibility in offering mortgages to all – from first-time buyers and home movers to those who want to remortgage or borrow in retirement – makes them a great addition to our panels.”

John Davison, head of product, proposition & distribution at Perenna, added: “Our priority is to bring change to the mortgage market and help even more people onto the property ladder by offering access to a wide and flexible range of mortgages.

“Our new partnership with Sesame and PMS helps us get a step closer to achieving this goal, working with and supporting their members in creating a nation of happy homeowners.”

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