Perenna Mortgages
Long-term fixed rate mortgages with terms up to 30 years. Lock in your rate for decades with no early repayment charges and complete payment certainty.
Fix your rate for the long term
Most UK mortgages fix for two to five years before reverting to a variable rate, leaving borrowers exposed to future rate rises and the cost and hassle of regular remortgaging. Perenna offers a different approach, with fixed rates that can last the full term of your mortgage.
Through Doulton Bridging Finance, we can help you access Perenna's long-term fixed rate products. If you value payment stability and want to eliminate interest rate risk from your finances, Perenna's approach, already standard across much of Europe, offers a compelling alternative to the traditional UK mortgage cycle.
Benefits of Perenna mortgages
Ultra Long-Term Fixed Rates
Perenna specialises in fixed rate mortgages with terms of up to 30 years, giving borrowers complete payment certainty for the lifetime of their mortgage.
No Early Repayment Charges
Unlike most long-term fixed deals, Perenna's mortgages come without early repayment charges, giving you the freedom to overpay or remortgage without penalty.
Payment Certainty
Lock in your mortgage rate for decades and eliminate the risk of rising interest rates. Your monthly payment stays the same regardless of what happens in the wider economy.
Innovative Lending Model
Perenna uses a covered bond funding model common in Europe, allowing them to offer longer fixed terms than traditional UK lenders who rely on shorter-term wholesale funding.
Straightforward Products
Perenna keeps its product range simple and transparent, with clear pricing and no hidden fees. What you see at application is what you get at completion.
Portability
If you move home, Perenna allows you to port your mortgage to a new property, taking your fixed rate with you rather than starting again at current market rates.
How it works
Explore Your Options
We discuss whether a long-term fixed rate aligns with your financial goals and compare Perenna's offering against conventional shorter-term alternatives.
Rate Lock Assessment
We model the long-term cost of fixing for an extended period versus shorter fixes, helping you make an informed decision about the right term length.
Application Process
We prepare and submit your Perenna application, ensuring all documentation is complete and working with their team to progress your case efficiently.
Secure Your Rate
Once approved, we coordinate completion with your solicitor, locking in your rate for the long term and giving you lasting payment certainty.
Lock in your rate for the long term
Discover how a long-term fixed rate mortgage from Perenna could give you lasting payment certainty. Get a personalised quote today.