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You are here: Home » Jargon Items » Lifetime mortgages

Lifetime mortgages

See ‘equity release schemes’.

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Loan-to-value (LTV)
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Financial Services Compensation Scheme

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.

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Cumbria
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Penrith Building Society is a member of the Building Societies Association. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Financial Services Reg No 164473.

Copyright 2021 © Penrith Building Society
  • Tel: 01768 863675
  • Member Benefits
    @PBS / SECURE LOGIN
    INTERMEDIARIES
  • Home
  • Mortgages
    • I’m a First Time Buyer
    • I’d like to move home
    • I’d like to build my own home
    • I’d like to know more about Holiday Home mortgages
    • I’d like to know more about remortgaging my home
    • I’d like to finance a Buy to Let Property
    • Mortgages for Individual Circumstances
    • I’m an existing borrower
      • I’d like to borrow more
      • I’d like to move home
      • I’d like to make a change to my mortgage
      • I’d like to switch my mortgage deal
      • I’m in financial difficulty
    • Mortgage Calculator
    • Meet the Team
    • Tariff of Charges
    • Guide to Mortgage Services
  • Savings
    • Instant Access
    • Regular Savings
    • Tax Free Savings
    • Longer Term & Fixed Rate Savings
    • Saving for a Home
    • Junior Savers
    • Club, Charity & Business Accounts
    • Affinity Accounts
    • Closed Accounts
    • Meet the Team
  • Junior Savers
  • Protection
  • COVID-19 Key Information
  • About Us
    • Corporate Governance
    • The Board
    • The PBS Family
    • Finance Reports and Reviews
    • Career Opportunities
  • Our News
  • Downloads
  • Help & Support
    • Jargon Buster
    • How to use @PBS
    • Downloads
    • Tariff of Charges
    • Personal Savings Allowance Question & Answer Sheet
    • Complaints
    • Tips for staying safe online
  • Contact Us