Long-term lender Perenna has joined the panel of Primis Mortgage Network.
Primis has more than 1,000 appointed representative firms and more than 2,000 advisers across the country.
The deal will give Primis brokers access to Perenna’s list of longer-term mortgages at up to 6x income.
Perenna head of product, proposition, and distribution John Davison said: “Primis is a natural fit for Perenna and this is a key step towards the expansion and normalisation of long-term fixed rate mortgages.”
Primis director of strategic partnerships Craig Hall (pictured) said: “Borrowers are increasingly presenting complex circumstances and the more options our brokers have to address these nuances, the better. Perenna’s flexible long-term fixed rate mortgages provide increased borrowing capability combined with the stability that many buyers may need.”
In October Perenna launched a range of seven-, 10- and 15-year fixed-rate residential homeloans, only available through brokers.