Penrith Building Society has joined the TMA Mortgage Club lending panel.

The addition brings more product and opportunity to club members and growth for the Society.

TMA Mortgage Club, part of the LSL Group, aims to grow its network and brokers’ businesses.

TMA Mortgage Club development director Lisa Martin said: “Penrith Building Society bring a raft of lending possibilities to the Club that include lending based on affordability as a result of their expertise in manual underwriting as well as elements such as mortgage terms of up to 40 years with no maximum age. The Penrith has huge experience and expertise in lending on second properties as well as holiday lets and ex-pat holiday/buy to let lending.”

Penrith Building Society head of product development and distribution Tim Vigeon added: “We are delighted to have taken this step with TMA, whose business, ethos and aspirations are entirely in keeping with our own. We hope to become a key business partner over the coming months and work together on new products and propositions for next year.”