Penrith Building Society

Introduction

Penrith Building Society (Penrith) is a mutually owned organisation, which puts the customer at the forefront of our proposition. Penrith has been helping members save and buy their own homes since 1877 and we are as relevant now as we were 146 years ago. Based in the beautiful North Lakes, we lend in England, Scotland and Wales.

Our purpose is to provide a safe home for savings and to enable home ownership.

As we credit search, rather than credit score, our individual and human approach to underwriting, enables us to help customers who have individual circumstances which require a commonsense approach. Catering for a wide range of needs, including credit blips, living and working abroad, no maximum age and earned income up to age 75. We’re here to help, where the Hight Street Lenders fear to tread.

Key Features

Lending based on affordability rather than LTI (manual underwriting).
Term of up to 40 years with no maximum age.
2nd properties (please refer if within the Lake District).
Holiday lets on same title as residential property.
Ex-pat holiday/buy to let with top slicing allowed.

REGISTRATION PROCESS

Broker registration is done online via their online portal and is not necessary until you have an application to submit.

Click here to register and submit a case.

Residential, buy to let and holiday let applications can all be submitted via Penrith Mortgage Hub. Please call us on 01768 863675 if you have any questions about registering or submitting a new case.