Penrith Building Society Equity Release Review
Before You Start Reading…
How Much Can You Release? 👇
Is Penrith Building Society equity release the best?
I think you’ll agree with me when I say:
It’s REALLY hard to choose the best equity release provider with all the choices available.
Or is it?
The companies we profile, are the best in the business to help you unlock the cash tied into your home.We’re here to help you:
- Understand the services that Penrith Building Society offers.
- Determine if they might be able to assist you and your family on your equity release journey.
Let’s find out NOW!
As experts in the equity release field (we’ve reviewed more than 250 schemes!), we’ve combed the market, researched all equity release service providers and narrowed it down to who’s on top.
Is Penrith Building Society the ideal equity release loan company to assist you and your family?
What’s Equity Release?
An equity release mortgage is, in a nutshell, a loan plus interest that is paid back to the lender when the homeowner passes away or goes into permanent care.
Who Are Penrith Building Society?
Penrith Building Society is a UK building society based in Penrith, Cumbria. It is a member of the Building Societies Association.
What About the Penrith Building Society Equity Release Calculator?
Before you consider using the Penrith Building Society calculator, please take note.
Our providers can almost always match & BEAT any existing equity release quote that you find through Penrith Building Society.
So first use this calculator below & see how much you can release.
How Much Can You Release?
Use the Calculator Below 👇
Editor’s Rating: 4.79
Why Consider Penrith?
Penrith Building Society has helped generations of savers and borrowers through their financial services needs since 1877.
Operating nationwide, Penrith now also offers a range of Retirement Interest Only Mortgages (RIO’s) designed for the 55+ age group.
Penrith Building Society’s ethos – to provide fair, straightforward services to their members – has stood the test of time.
And after 140 years their reputation, that people can have the utmost trust and confidence in them, still remains.
Penrith Building Society Reviews & Ratings
- Penrith Building Society Reviews on SmartMoneyPeople.com
- Reviews of Penrith Building Society Feefo.com
- Penrith Building Society reviewed on SmartMoney.com
How Did We Review Penrith Building Society?
We reviewed Penrith by gathering all the latest information available about it.
This information was then thoroughly researched, vetted and then added to this review for your ease of reference.
Our review of Penrith is independent, and we are not affiliated with it.
Penrith Equity Release Complaints
If you’re dissatisfied with Penrith and want to make a complaint, the greatest place to do so is on their website.
They are concerned about their clients and will route you to the appropriate department if possible.
The alternative option, if you choose to use a review site like Trustpilot or Feefo, is to provide an assessment.
Penrith Building Society’s Equity Release Interest Rates & Schemes Compared
Are you looking for a specific equity release scheme?
These are some of the schemes offered or covered by Penrith Building Society.
Not what you’re looking for?
Have a look at all the equity release schemes available on the market, with our easy-to-use table or compare the equity release rates!
What Are Penrith’s Fees?
Penrith Building Society fees may include an application fee.
It may also offer you a free valuation; however, sometimes providers charge for this depending on your plan.
Learn More About Penrith Building Society
Penrith Building Society is a membership-based ‘not-for-profit’ organisation as a cooperative building society.
They take a personal approach to their job and strive to make consumers feel at ease when borrowing and saving with them.
Their employees are friendly and helpful, and they will attend to all of their members’ demands. They want to make simple, high-quality items.
They have competitive interest rates on both savings and mortgages.
They’ve been helping generations of savers and borrowers through their financial services needs since 1877, when they first opened our doors in the beautiful town of Penrith.
While they’ve changed quite a bit since then to keep up with the times, their ethos has remained the same.
To provide fair, straightforward services with their members at the heart of everything they do.
As a mutual organisation they exist for their members and they’ve spent the past 140 years building a reputation as a Society that people can have the utmost trust and confidence in.
7 King Street
CA11 7ARC A 1 1 7 A R
- Penrith Building Society
FCA Permitted Services
- Mortgages & Home Finance
- Other Services
- Financial Conduct Authority (FAC) ¹
- Financial Services Authority Now the Prudential Regulation Authority (PRA) ¹
- FCA Ref Number: 164473
- FCA Reg Number: 0000434B
- FCA Link: FCA Link
Penrith Building Society Contact Number
- 7 King St, Penrith CA11 7AR, United Kingdom
Is Penrith Building Society a Member of the Equity Release Council?
No, Penrith Building Society is not a member of the Equity Release Council.
What Are Penrith Building Society's Interest Rates?
Penrith Building Society’s current interest rates for new lending are:
- Remortgage – from 3.99% to 9.49%
- Release equity from your home – from 3.29%
Who Owns Penrith Building Society?
Having Tim Bowen as the CEO, Penrith Building Society is a mutual society and as such, is owned by its members and run for their benefit.
Penrith Building Society Jobs?
Penrith Building Society advertise its available jobs on its website, which you can find in its dedicated careers area.
Where is Penrith Building Society Located?
Penrith Building Society is located in Penrith, Cumbria.
Does Penrith Building Society Do Equity Release?
Yes, Penrith Building Society does equity release.
Is Penrith Building Society Equity Release Safe?
Yes, they’re FCA regulated and they’re a member of the equity release council and follow their guidelines.
So here’s the scoop – our intention is to help you by finding the best Penrith Building Society equity release lifetime mortgage so that you can spend the money on something that you really want, rather than on a high tax bill.
Before You Go…
Use the FREE Calculator Below 👇
Editorial Note: This content has been independently collected by the SovereignBoss team and is offered on a non-advised basis. SovereignBoss may earn a commission on sales made from partner links on this page, but that doesn’t affect our editors’ opinions or evaluations. Learn more about our editorial guidelines.