Mortgage, protection and compliance services proposition Paradigm has added long-term fixed rate lender Perenna to its lender panel.
Member firms will be able to access Perenna’s long-term fixed rate deals, which range from 10 to 40 years with a short early repayment charge (ERC) period of five years.
Perenna also offers interest-only and retirement interest-only (RIO) deals and participates in the Deposit Unlock and Own New schemes.
The lender said that its mortgages give payment certainty, short ERCs, no maximum age limit and no stress tests.
Richard Howes (pictured), director of mortgages at Paradigm, said: “Opening up as much mortgage product choice to our member firms is of absolute paramount importance for us at Paradigm, and we’re therefore very pleased to be able to bring Perenna on panel today.
“Longer-term, fixed-rate mortgage options can be a viable option for a whole host of mortgage borrowers, from first-time buyers to those who need lending into later life and retirement, especially for those who want absolute certainty of payment over a longer period.
“We’ll be working closely with the team at Perenna to introduce them to our member firms and to ensure they are aware of these product options, the criteria and the USPs that come with these mortgages.”
John Davison, head of product, proposition and distribution at Perenna, 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 Paradigm helps us get a step closer to achieving this goal, working with and supporting their members in creating a nation of happy homeowners.”
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
