Perenna is a UK bank that secured its banking licence in 2022 with the mission to create a "nation of happy homeowners." The company focuses on addressing the uncertainty of short-term mortgage products by offering long-term, fixed-rate mortgages, such as 30-year terms. This model aims to provide borrowers with stability and predictability in their payments, insulating them from interest rate fluctuations. Perenna is backed by institutional investors and is authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority (FCA) and the PRA.

Founded in

United Kingdom