Members can source 10- to 40-year fixed rates
Mortgage, protection, and financial planning network Rosemount Financial Solutions has added digital mortgage lender Perenna to its panel, expanding options for its advisers.
The partnership will give Rosemount’s appointed representatives and trading styles access to Perenna’s range of fixed rate mortgages, which offer terms spanning from 10 to 40 years.
Perenna’s products feature short early repayment charge periods of no more than five years and allow borrowers to access loans of up to six times their income, with a loan-to-value (LTV) ratio of up to 95%.
The lender’s addition follows Rosemount’s recent move to include specialist lender Together on its panel earlier this month, as the network aims to equip its advisers with a broader array of lending solutions.
Ahmed Bawa (pictured), chief executive of Rosemount Financial Solutions, said the partnership reflects the growing appeal of long-term fixed rate mortgages amid market volatility.
“The rate fluctuations of recent years have once again highlighted the potential benefits that come from longer-term fixed rates,” Bawa said. “Perenna has established itself as an innovative lender in this space, and this partnership will provide our advisers with greater options for those clients who value the additional certainty that comes from fixing their rate for decades.”
John Davison (pictured right), head of product and proposition at Perenna, also commented on the collaboration, emphasising its shared commitment to providing stability for advisers and their clients.
“We are delighted to join the Rosemount Financial Solutions lender panel, as we have a shared ethos on providing security and peace of mind to both advisers and their clients. I have no doubt that our range of longer-term fixed rates will be popular with them,” he said.
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