Simplybiz Mortgages adds Penrith Building Society to lender panel

Established in 1877, Penrith Building Society is one of the oldest building societies in the UK. By joining Simplybiz Mortgages’ lender panel, Penrith has granted access to its products, including interest only, later life options, and ex pat support with immediate effect. 

This partnership follows several ‘big-name’ additions to the panel, such as Perenna Bank and Marsden Building Society. 

“Penrith has been an obvious omission from our lending panel as its unique approach t0 support across a range of areas will provide solutions for complex customer solutions, including expat and lending in – and into - retirement,” explained Phil Daffern, Head of Lender Relations at Simplybiz Mortgages. 

He said: “Its non-templated approach to the assessment of broker applications, based on merit and supported with manual underwriting, will assist many more of our members’ customers in securing finance against their property.” 

Tim Vigeon, Head of Product Distribution & Development at Penrith Building Society, added: “Penrith is delighted and excited to partner with Simplybiz Mortgages. We’re very much looking forward to working with its members, enabling them to benefit from our unique offering as well as access to a dedicated case handler and underwriter who’ll own the case from application to completion.”