New specialist lender Perenna will offer long-term fixed mortgages after securing its banking licence from the Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA). Perenna, the first UK start-up to secure an unrestricted bank licence in 2023, will offer 20- or 30-year mortgages and an Early
Long-term mortgage lender Perenna secures full banking licence mortgagesolutions.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgagesolutions.co.uk Daily Mail and Mail on Sunday newspapers.
America is in the midst of a full blown mortgage disaster. High interest rates have paralysed the housing market, property prices have fallen 7pc, mortgage applications have plunged to their lowest level for nearly 30 years and the number of homes up for sale is at a record low.
Consumer Duty will 'boost' number of longer-term fixed rate products, says Perenna CEO mortgagesolutions.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgagesolutions.co.uk Daily Mail and Mail on Sunday newspapers.