Simplybiz Mortgages has appointed Penrith Building Society to its lender panel.

The partnership is the latest in a series of additions to the Simplybiz panel during 2024, including new relationships with Perenna Bank and Marsden Building Society.

Established in 1877, Penrith is one of the oldest building societies in the UK.

Under the partnership, Simplybiz members will be able to access a range of products, including interest-only, later life options and expat support with immediate effect.

Head of lender relations at Simplybiz Mortgages, Phil Daffern, said: "Penrith Building Society has been an obvious omission from our lending panel as its unique approach to support across a range of areas will provide solutions for complex client solutions under key areas including expat and lending in - and into - retirement.

"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’ clients in securing finance against their property."

Head of product distribution and development at Penrith Building Society, Tim Vigeon, added: "Penrith Building Society is delighted and excited to partner with Simplybiz Mortgages. We are very much looking forward to working with their members, enabling them to benefit from our unique offering and access to a dedicated case handler and underwriter who will own the case from application to completion."

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