Sesame Group adds Perenna to lending panels Mortgage Finance Gazette

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Perenna Bank has joined the lending panel at 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 only have repayment charges 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 in retirement.

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

Sesame Bankhall Group, group partnerships & proposition director Stephanie Charman says further extending its panel  ensures Sesame Network and PMS Mortgage Club members have access to a diverse range of lending options.

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