Perenna expands distribution through Brilliant Solutions

Perenna has announced a new partnership with Brilliant Solutions, expanding the distribution network for its long-term fixed rate mortgage products.

Brilliant Solutions operates in multiple facets of the mortgage process including as a direct to lender mortgage club, specialist mortgage packager, secured loan packager and a bridging development and commercial Packager. 

This addition further expands Perenna’s broker panel which now includes Mortgage Intelligence Group, Air, Mortgage Advice Bureau, Stonebridge, Legal and General Mortgage Club, and Connells Group.

Colin Bell, chief operating officer at Perenna, said: “We’re delighted to be working with Brilliant Solutions to further deepen our connections with UK brokers, improving access to our innovative mortgage products. In an era where Consumer Duty is taking the forefront, access to innovative products like Perenna’s flexible long-term fixes will be critical in properly serving the needs to borrowers.”

Michael Craig, managing director at Brilliant Solutions, added: “We’re absolutely thrilled to be partnering with Perenna Mortgages — a truly innovative lender bringing fresh solutions to the market. The industry has been crying out for innovation in the long-term sector, and Perenna has nailed it. Their commitment to long-term fixed rate mortgages is a game-changer, offering brokers and customers greater stability and certainty. Together, we look forward to delivering even more value and opportunities to the mortgage industry — a Brilliant addition to our already Brilliant Mortgage Club!”