Welcome to Penrith Building Society...

Penrith is a small historic town to the north-east of the Lake District. In 1877 a philanthropic group of citizens founded this mutual building society to help local people look after their money and buy their own homes. Our original Seal reads “Every Man His Own Landlord”, aptly expressing their principles at that time.

And to this day, providing savings accounts and mortgages for borrowers is exactly what we do. We are still based in Penrith, though now we also lend throughout England and Wales. We haven’t gone in for mergers to grow bigger. We haven't abandoned our ‘mutual’ beginnings and converted to a profit-making ‘mortgage bank’, or sold out to one either. We remain an independent local building society, of which there are only a handful left.

So, you may be surprised that we have repeatedly won national recognition. Impartial research for consumer magazine What Mortgage has clearly proved over many years that we charged our borrowers less. We have won their title of ‘Top Lender of the Year’ for being the UK’s cheapest mortgage lender.

Charging less interest is made possible by lower costs: no branch network, no regional management, no huge advertising campaigns, no call-centres and importantly, no outside shareholders to pay out. As a mutual building society we are membership-based; a ‘not-for-profit’
organisation. We believe in looking after our Members, not exploiting them.

We are also careful in our mortgage lending. We can be flexible, but have a responsibility not to lend people more than they can afford, which helps them manage in difficult times and reduces the risk of arrears. This also keeps our costs down and supports the opportunity to charge less.

Now you've heard about our traditional values and beliefs, are you thinking about joining us?

If you apply for a mortgage, your application will be handled by dedicated, experienced staff. Not
machines or computers. If you write to us or telephone, you'll be answered by real people here in our Penrith office. Not a voice recognition programme, or an outside call-centre.

We'd like an opportunity to welcome you into our Society.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR OTHER LOAN SECURED ON IT.

Mortgages subject to status. Only available to those aged 18 and over. Mortgages not available in Scotland. Written quotations available on request. Penrith Building Society, 7 King Street, Penrith, Cumbria, CA11 7AR. Previous mortgage cost is not an indication of future cost.

Home News Mortgages Awards Savings Contact Privacy Policy Site Map ...news........... News Updates	Welcome to Penrith Building Society... Penrith is a small historic town to the north-east of the Lake District. In 1877 a philanthropic group of citizens founded this mutual building society to help local people look after their money and buy their own homes. Our original Seal reads “Every Man His Own Landlord”, aptly expressing their principles at that time. And to this day, providing savings accounts and mortgages for borrowers is exactly what we do. We are still based in Penrith, though now we also lend throughout England and Wales. We haven’t gone in for mergers to grow bigger. We haven't abandoned our ‘mutual’ beginnings and converted to a profit-making ‘mortgage bank’, or sold out to one either. We remain an independent local building society, of which there are only a handful left. So, you may be surprised that we have repeatedly won national recognition. Impartial research for consumer magazine What Mortgage has clearly proved over many years that we charged our borrowers less. We have won their title of ‘Top Lender of the Year’ for being the UK’s cheapest mortgage lender. Charging less interest is made possible by lower costs: no branch network, no regional management, no huge advertising campaigns, no call-centres and importantly, no outside shareholders to pay out. As a mutual building society we are membership-based; a ‘not-for-profit’ organisation. We believe in looking after our Members, not exploiting them. We are also careful in our mortgage lending. We can be flexible, but have a responsibility not to lend people more than they can afford, which helps them manage in difficult times and reduces the risk of arrears. This also keeps our costs down and supports the opportunity to charge less. Now you've heard about our traditional values and beliefs, are you thinking about joining us? If you apply for a mortgage, your application will be handled by dedicated, experienced staff. Not machines or computers. If you write to us or telephone, you'll be answered by real people here in our Penrith office. Not a voice recognition programme, or an outside call-centre. We'd like an opportunity to welcome you into our Society. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR OTHER LOAN SECURED ON IT. Mortgages subject to status. Only available to those aged 18 and over. Mortgages not available in Scotland. Written quotations available on request. Penrith Building Society, 7 King Street, Penrith, Cumbria, CA11 7AR. Previous mortgage cost is not an indication of future cost.	Apply online for a mortgage illustration Mortgage products and interest rates Current investment products and interest rates
2007©Penrith Building Society, 7 King Street, Penrith, Cumbria, CA11 7AR. Tel: 01768 863675 Penrith Building Society is regulated by the Financial Services Authority and is entered in its register under number 164473 www.fsa.gov.uk/register