Perenna Completes Scroll Finance Integration to Scale Specialist Lending Offering

Quick Summary

Perenna has completed the integration of Scroll Finance, a specialist second charge lender. This move strengthens Perenna's position in the UK mortgage market, allowing the bank to scale its specialist lending proposition, including home equity loans and a forthcoming first charge buy-to-let product launch later this year.

How Does the Scroll Finance Integration Benefit Perenna?

The successful integration of Scroll Finance allows Perenna to leverage specialist lending expertise to address underserved segments of the UK mortgage market. By incorporating Scroll’s modern lending platform, the bank can now offer a wider range of second charge mortgages, including 2 and 5-year home equity loans and lines of credit. This strategy allows Perenna to offer innovative financial solutions to buy-to-let investors who have historically faced limited options from traditional high-street lenders.

• 2 and 5-year home equity loans available for investors.
• Multi-property loan options integrated into the core offering.
• Home equity lines of credit designed for modern borrowing needs.

What New Products is Perenna Launching in 2026?

Following the integration, the bank is preparing to launch its own first charge buy-to-let product later this year. This expansion is designed to broaden the proposition for brokers and customers alike, focusing on underserved market areas where competition has remained stagnant for decades. By combining long-term fixed rates with specialist expertise, the bank aims to provide greater financial certainty for landlords and property investors across the United Kingdom.

Who is Leading Perenna’s New Specialist Lending Strategy?

To support this growth, Mil Consiglio has been appointed as Head of Sales. Bringing 16 years' experience from institutions like CHL Mortgages and Lloyd’s Bank, Consiglio will focus on strengthening broker relationships and driving awareness of the expanded product suite. He reports directly to Ashish Kashyap, ensuring that sales and commercial strategies are tightly aligned as the firm enters its next phase of growth.

"Perenna was founded to bring innovation and competition to the UK mortgage market, and it has had significant early success. As the business matures, we have the opportunity to diversify into segments of lending where borrowers and brokers continue to be underserved." said Ashish Kashyap, Deputy CEO and Chief Commercial Officer of Perenna.

"Perenna has a clear ambition to grow its presence in specialist lending, and the combination of Perenna and Scroll gives us a strong proposition to take to the broker market." said Mil Consiglio, Head of Sales at Perenna.

FF NEWS TAKE:

This integration moves the needle for Perenna as it transitions from a niche challenger into a comprehensive specialist lending powerhouse. By maintaining Scroll as a distinct brand while launching first-charge products, they are effectively capturing the full mortgage lifecycle. In a high-rate environment, providing flexible equity access and fixed-rate certainty is a winning formula that will likely force traditional lenders to re-evaluate their speed and service levels.