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Perenna secures £43m from investors as it prepares for launch   – Mortgage Strategy

Perenna has secured £42.6m ($52m) of cash from investors as it gears up for the launch of its 30-year mortgage business later this year.    The fundraising was led by strategic investor Silverstripe Investment Management, as well as other existing backers, bringing the total amount raised by the bank to almost £74m
United Kingdom Arjan Verbeek Tim Sorrell Deborah Reeves Prudential Regulation Authority Financial Conduct Authority

The Morning Briefing: 28% of over 55s have no other pension saved and Consumer Duty champions

Good morning and welcome to your Morning Briefing for Friday 15 September 2023. To get this in your inbox every morning click here. 28% of over 55s have no other pension saved Just over a quarter (28%) of over 55-year-olds have no other pension saved and are completely reliant on the state pension. This is according
United Kingdom Steve Webb Charles Cameron Deborah Reeves Hill Oldridge Kate Smith

Perenna hires two account managers as it gears for launch  – Mortgage Strategy

Perenna has hired two senior account managers as the lender prepares to launch its 20- to 30-year fixed-rate mortgages later this year.    The startup says its managers, who will join its intermediary team, are Tim Sorrell, who will cover the South, and Deborah Reeves, covering the North.    Sorrell most recently was
United Kingdom Tim Sorrell Charles Cameron Deborah Reeves John Davison Skipton Building Society

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