Perenna Residential Mortgage Rates
| Product | Rate | Initial Period | Fee | Overpay |
|---|---|---|---|---|
| 2-yr fixed 60% LTV | 5.59% | 2 years | £999 | |
| 2-yr fixed 75% LTV | 5.75% | 2 years | £999 | |
| 5-yr fixed 60% LTV | 4.19%Best | 5 years | £999 | |
| 5-yr fixed 75% LTV | 4.37% | 5 years | £999 | |
| 5-yr fixed 85% LTV | 4.61% | 5 years | £999 | |
| Standard Variable Rate | 8.24% | Ongoing | None | - |
Perenna Buy-to-Let Mortgage Rates
| Product | Rate | Initial Period | Fee | Overpay |
|---|---|---|---|---|
| BTL 5-yr fixed 65% LTV | 4.74%Best | 5 years | £1,295 | |
| BTL 5-yr fixed 75% LTV | 4.99% | 5 years | £1,295 |
Perenna Product Transfer Rates
| Product Transfer Option | Rate | Initial Period | Fee | Cashback |
|---|---|---|---|---|
| Perenna 2-yr fixed PT (same LTV band) | 5.64% | 2 years | £0 | Cashback available |
| Perenna 5-yr fixed PT (same LTV band) | 4.24% | 5 years | £0 | Cashback available |
| Perenna PT + borrow more (residential) | 4.31% | 5 years | £595 | Cashback available |
About Perenna Mortgages
Perenna is a challenger mortgage lender offering long-term fixed-rate mortgages of up to 30 years. Founded to address the lack of genuine long-term fixed rate products in the UK market, Perenna funds mortgages through covered bonds rather than short-term deposits, allowing them to offer true rate certainty over extended periods.
Perenna suits borrowers who want absolute payment certainty over the long term and are concerned about rate volatility. Their 10, 15, 20 and 30-year fixed products are genuinely unique in the UK market and appeal particularly to younger buyers who want to lock in a rate for decades without early repayment penalties.