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All our panel mortgage brokers are registered with and regulated by the Financial Conduct Authority.

Your home may be repossessed if you do not keep up repayments on your mortgage.

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FREE Online Conveyancing Process for Buyers

Includes online checklists, videos, downloads and tips - plus it is free to use and remembers your progress.



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Whole Market Access

You'll have access to the whole of the market as our home loan brokers aren't tied to any particular mortgage providers.

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Our mortgage consultants can access exclusive mortgage lending rates which are not available to you when applying direct (terms apply).

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With no need for face to face meetings you'll be called on the same day by one of our mortgage specialist brokers to discuss your circumstances and can support complex applications for Help to Buy, Right to Buy and Shared Ownership mortgages

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You'll have access to the whole of the market as our mortgage brokers aren't tied to any one mortgage company.

How to get a mortgage - or remortgage - in Penzance


Penzance is the most westerly major town in Cornwall. Penzance is a historic port on the south facing shores of Mount’s Bay and has one of the mildest climates in the UK.

The town is 20 minutes from St Ives and regarded as less touristy; in the latter area many potential buyers have sought second homes rather than primary residences.

Within the town there is a variety of places to visit including St Michael’s Mount, Morrab Gardens and The Exchange Gallery.

Penzance’s Jubilee Pool, an art deco salt¬water lido, has been renovated. Chapel Street, known for its Egyptian House, is the centre of an artistic quarter where there is also a sculpture garden.

Penzance offers harbour boat trips, sea safaris and fishing excursions which provides some great seaborne activities.

The mortgage application process has 4 stages regardless of which mortgage lender you use:

  • Approval in principal (AIP)
  • Mortgage in principal (MIP)
  • Mortgage valuation
  • Mortgage Offer

Read about the full mortgage process here - What is the mortgage process?

Mortgage Broker Tip 

Destroy unused credit and store cards

If you have access to too much available credit, even if you don't use it, this can ruin your credit score. The easiest solution is to cancel cards you don't need. You should never 'max out' a single credit or store card, though, so you should take a reasonable approach to this.

Bank accounts, on the other hand, which are long standing and have good credit histories, can benefit your credit score, so are normally best left open.
Top Mortgage Lenders 

Cashback Mortgage

A lender gives you money back, normally a percentage of the loan, when you take out this type of mortgage, the idea being that you benefit from a lump sum which is helpful when you're moving home.

In many ways, this type of mortgage is purely a marketing incentive: before taking this type of mortgage out, you should carefully check the interest rate you will be charged and if you'll have to pay any additional fees to see if you're actually benefiting enough from the incentive.
TR18 2PG

Property Price Stats for Penzance


Average property price in Penzance £216,126
% Change compared to last year 0%
Population of Penzance 21,200 (2011)


The property price data is sourced from the Land Registry's UK House Price Index and you can view up to date property prices by clicking - Land Registry House Price Index >> Land-Registry

RECENTLY COMPLETED MOVES IN Penzance

  • Treen, St. Levan, Penzance TR19 6LG
  • St James' St, Penzance TR18 2BT
  • Princes Street, Penzance TR18 2NL
  • N Parade, Penzance TR18 4SH
  • Morrab Rd, Penzance TR18 4EZ

Local High Street Banks in Penzance

Find a mortgage lender near you:
Some branches may have closed down - Call 0333 344 3234 for a Mortgage Broker covering Penzance

  • HSBC - 1 Green Market, Cornwall, Penzance TR18 2SD
  • Lloyds - Market House, 38-39 Market Pl, Penzance TR18 2TN
  • Barclays 8-9 Market Jew Street, Penzance TR18 2TW

Book a Free Mortgage Broker Consultation
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Mortgage Broker Tips for the Conveyancing Process

If you're buying, getting a structural assessment (Building Survey) of your property in Penzance from a RICS Surveyor is key and can save you £1,000s by highlighting defects that can be shared or negotiated with the seller. 

All too often buyers choose to not get a Building Survey thinking that their Mortgage Valuation will cover them for this. Sadly the mortgage valuation doesn't highlight structural defects or risks.

Once you realise this and then choose to get a Building Survey you may find that you are pushed to get this done in time for exchange of contracts because you have waited so long. This is especially annoying as your conveyancing solicitor needs some of the information from the survey to complete your legal work.

The best advice for fast conveyancing in Penzance is to book your Building Survey at the same time as you instruct your conveyancing solicitor

Surveyors are in high demand at the moment and bookings can often take 7 to 10 days and then the report 3 to 5 days after that so the sooner you book, the quicker you'll know if there are any defects with you property - plus you'll be set for a fast conveyancing completion!

Click to get your FREE RICS Building Survey Quote*
*RICS Surveyors – Local Knowledge – Same Week Availability