Related topic: Mortgage rates

Perenna's recently expanded product suite offers fixed rates from five to 40 years.

The lender will no longer consider missed payments and/or defaults on communication and utilities as adverse credit.

93% of brokers saw an increase in enquiries from clients with adverse credit in 2025.

Rates have reduced by up to 0.15% across repayment and interest-only products.

The lender has also reduced selected mortgage rates by up to 0.25%.

Reductions apply to the lender's exclusive purchase range and product transfer offering.

The reductions apply across solutions for residential borrowers, buy‑to‑let investors, expat clients and high‑net‑worth individuals.

Kensington has also introduced a new £1,499 fee option to its core range.

Rates now start from 3.55%.

Rates now start from 2.44% on standard and 2.70% on specialist product ranges.