HLPartnership’s 900 advisers and 400 firms will have access to Perenna’s mortgage products.
Perenna is able to lend up to 95% loan to value (LTV) and up to six times a borrower’s income, helping first-time buyers take their first step onto the housing ladder.
Perenna also operates in the later life market, with a policy of no maximum age – providing greater choice for those in or approaching retirement.
Perenna’s lending panel
HLPartnership joins a range of major networks on Perenna’s lending panel, including Mortgage Advice Bureau (MAB), Stonebridge, Legal and General (L&G) Mortgage Club, Connells Group, and Quilter.
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Colin Bell, founder 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 HLPartnership, added: “HLPartnership 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.”
