Perenna Bank has joined the lender panels of Sesame Network and PMS Mortgage Club, both part of Sesame Bankhall Group.

Through the new partnership, Sesame Network and PMS members will have access to fixed rate mortgages ranging from terms of 15 to 40 years, with only a five-year early repayment charge.

Mortgage lender Perenna is focused on offering long-term fixed rates to meet the needs of borrowers across the UK and will lend up to six times a borrower’s income, subject to eligibility and criteria. The lender also has no maximum age limit.

Group partnerships and propositions director at Sesame Bankhall Group, Stephanie Charman, said: “We’re thrilled to be partnering with Perenna as it aligns with our mission to provide our Sesame Network and PMS Mortgage Club members with access to a diverse range of lending options that can best meet the varying needs of their individual clients.

“With many people continuing to deal with cost of living pressures, Perenna’s flexibility in offering mortgages to all – from first-time buyers and home movers to those who want to remortgage or borrow in retirement – makes it a great addition to our panels.”

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

“Our new partnership with Sesame and PMS helps us get a step closer to achieving this goal, working with and supporting their members in creating a nation of happy homeowners.”

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