Perenna has partnered with Quilter as part of its ongoing efforts to expand its lending network.

As part of the partnership, Perenna’s long-term fixed-rate mortgages will be rolled out across the UK via intermediaries working with Quilter.

Perenna’s mortgages are fixed for the full term, between 15 and 40 years, with only a five-year early repayment charge (ERC).

Intermediaries from Quilter will be able to access products designed for those in later life.

Perenna’s lending panel now includes Mortgage Advice Bureau, Stonebridge, Legal and General Mortgage Club and, most recently, Connells Group.

Perenna founder and chief operating officer Colin Bell comments: “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.”