Perenna Bank has joined the credit panel of both Sesame Network and PMS Mortgage Club, both part of the same group.
Perenna offers a range of longer-term, fixed-rate mortgages from 15 to 40 years. These deals, which carry repayment costs only in the first five years, are designed to meet the needs of a range of borrowers, including first-time buyers and those looking to borrow after retirement.
Perenna also lends up to six times a borrower’s income, subject to eligibility and criteria, and has no upper age limit.
Sesame Bankhall Group, group partnerships & proposition director Stephanie Charman says the further expansion of the panel will ensure Sesame Network and PMS Mortgage Club members have access to a wide range of lending options.
Perenna head of product, proposition & distribution John Davison added: “Our priority is to bring change to the mortgage market and help more people onto the property ladder by providing access to a wide and flexible range of mortgages.”