Penrith Building Society – UK Mortgage Lender
The Penrith Building Society was founded in 1851 at Penrith in Cumbria. The society offers mortgages throughout England and Wales but focuses on providing mortgage finance in Cumbria. It is the 56th largest building society in the UK.
The society has one branch, in King Street, Penrith.
Discounted Mortgages: 5 year and 10 year discounted rate mortgages and remortgages.
Standard Variable Rate Mortgage: a variable rate mortgage where monthly repayments go up and down in line with the lender’s base rate.
An award winning building society, Penrith won the 2007 What Mortgage Best Regional Lender award, the 2006 What Mortgage Best Regional Lender award, the 2005 What Mortgage Best Regional Lender award and the 2004 What Mortgage Best Regional Lender Award showing amazing consistency of service and standards. They have also won the Top Lender of the Year Award with What Mortgages two years running.
Penrith Building Society prides itself in offering simple but cost effective mortgages. They do not offer a huge range of fancy options with complicated fee structures. Instead, they rely on the mutuality and the return of profits to members to ensure that they are able to give the very best financial deal to both new and existing customers.
Although the Penrith Building Society is based in Cumbria the mortgages are available over the phone to customers based across England and Wales. It should be noted that there may be more favourable rates available to those within the Cumbria area.