Answers to your questions

We're currently in the process of applying for a UK banking licence and hope to commence lending operations in 2022.

We expect to offer 95% LTV loans because of our unique funding model and because fixed for life mortgages will not revert to SVR (standard variable rate).

For Perenna that means the interest rate on each mortgage is fixed for the whole term of the mortgage, which is what we expect to offer when we commence our lending operations.

No, Perenna is not a bank. We're currently in the process of applying for a UK banking licence.

We're currently in the process of applying for a UK banking licence and when we obtain the UK banking licence we will be regulated by the FCA and the PRA.

Anyone above the age of 18 will be able to apply for a Perenna mortgage if they have an income, but will need to meet other criteria as well.

We haven't started lending operations and are currently not accepting mortgage applications. However, if you sign up to our newsletter, you'll be first to know when we launch.

All our mortgages will be financed through covered bonds that will be traded on the London Stock Exchange. Our initial offering is expected to be a 30 year fixed-rate mortgage.

All Perenna mortgages will be financed through the issuance of long term covered bonds.

We haven't started lending yet and are not currently accepting mortgage applications. However, you can sign up to the platform now and get an indication of the amount you might be eligible to borrow when we go live.

We expect to offer mortgages initially on homes that you will live in, but this may be extended to other properties in the future.

Yes, that is what we are planning. We expect them to be portable (so you can take it with you to you next home) and transferrable (so you can sell it with your house). Early repayment charges will apply to our mortgages but they are likely to be for a maximum of 5 years, similar to a current 5 year fixed mortgage.