We are aware that many of our applicants may be hoping to complete their transaction before 31 March 2021, to take advantage of the Government’s Stamp Duty concession.

The Society will endeavour to process your case as quickly as possible. However, we recommend that you encourage your client to speak with their chosen conveyancer, to let them know if they wish to complete in advance of the stamp duty holiday period ending. We are aware that certain aspects of the conveyancing process are now taking longer than usual. Example: Local Authority Searches (some Boroughs/District Councils are not undertaking new searches at the moment and a number are taking many, many weeks to complete these searches). Ultimately, such delays may lead to the house purchase taking longer than usual and potentially not being complete before the 31 March 2021.

If you have any questions, please contact the Society on 01768 863675.

The information contained within this page is for professional intermediary use only.
If you are not a mortgage intermediary, please return to our consumer mortgage page.

We recognise that obtaining a mortgage can be a highly complex and daunting task but the support offered by a professional mortgage intermediary can make all the difference. That’s why we work with our intermediary partners, supporting them with their enquiries and applications, saying ‘yes’ where we can and offering sensible solutions where an alternative approach could make all the difference – ensuring that all those that wish to embark upon homeownership are considered fairly.

Having the ability to assess each application on its own merits, means that we can consider cases where an individual approach makes all the difference and due to our size, a nimble approach in innovative lending solutions is just business as usual.

The Society accepts mortgage applications from ALL intermediaries based within our heartland area (Cumbria, Yorkshire, Tyne & Wear,  Northumberland, Durham & Lancashire).

Nationally, applications are welcomed from appointed representatives of Mortgage Advice Bureau (MAB), Sesame, The Right Mortgage Network, directly authorised advisors who are members of PMS – Diamond Club and a number of selected intermediary partners.  Unsure whether you can submit business? Just give us a call!

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Penrith Mortgage Hub

Penrith Mortgage Hub

Intermediaries at Penrith Building Society

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