Interest rates: Why British homeowners face the worst mortgage shock in the world afr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afr.com Daily Mail and Mail on Sunday newspapers.
Digital bank Perenna says it has received its banking licence today (16 August) and plans to offer customers fixed-rate 30-year mortgages. The fintech firm says it has been granted a banking licence with restrictions from the Prudential Regulation Authority and the Financial Conduct Authority, adding that once its