The Baronetcy of Pennyman of Marske was created in the Baronetage of England by Charles I on 6 May 1628 for William Pennyman of Marske Hall, Marske-by-the-Sea, North Yorkshire, a Master in Chancery.
The Pennyman family, originally from Stokesley, North Yorkshire, began to establish their estates at Ormesby in the 16th century.
They were Jacobite sympathisers; Robert Pennyman was convicted of treason and executed in 1569 for his part in the Pilgrimage of Grace.
William Pennyman who was created the 1st Baronet in 1628 fought for the King at the Battle of Edgehill.
His elder legitimate half brother James Pennyman was raised to the Baronetage after the Restoration of Charles II.