New UK lender plans 50-year fixed rate mortgages

Financial regulators have granted specialist lender Perenna a licence to offer mortgages with fixed rates of up to 50 years. Perenna could give buyers rates of 4 to 4.5%. It will initially provide loans locking in rates for 30 years. 

Financial Times (15/08/2022)   The Sun (15/08/2022)