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Local Lending

Our Heartland range reflects our long-standing commitment to local lending, offering tailored mortgage solutions for properties across Cumbria and Northern Lancashire (CA and LA postcodes), backed by a personal and flexible underwriting approach.

  • At a glance
    • Available in CA and LA postcode areas
    • Up to 20 acres considered
    • Shared Ownership accepted
    • Right to Buy accepted
    • Local lending expertise and manual underwriting
  • Eligible applicants

    Applications may be considered where the applicant is purchasing a property that:

    • Is located within the CA and LA postcode areas
    • Includes up to 20 acres of land
    • Is being purchased through a Shared Ownership scheme
    • Is being purchased through the Right to Buy scheme
  • We are unable to consider

    Applications will not be considered where the property:

    • Is located outside the CA or LA postcode areas 
    • Has age, construction, or usage restrictions that fall outside our lending criteria

    Or where the applicant:

    • Is a foreign national without Settled Status, Indefinite Leave to Remain, or an acceptable visa (please contact us to discuss)
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Your eligible deposits held by a UK establishment of Penrith Building Society are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK’s deposit protection scheme. Any deposits you hold above the limit are unlikely to be covered.

Further information is available here »»
(PDF Version)

Or visit www.fscs.org.uk.

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