Founded by the NUT in 1966, Teachers Building Society is a specialist mortgage provider for teachers and education professionals. Whether you are just starting your career as an NQT or are approaching retirement as a seasoned practitioner, Teachers Building Society aims to provide a service for every stage of your employment life cycle.
Teachers Building Society offers teacher-tailored mortgages with bespoke underwriting, designed around the working hours, employment contracts and pay scale of teacher and education professionals.
Some of the key mortgage services they offer are:
NUT Exclusive Mortgage: A low deposit mortgage available exclusively for NUT members
Teacher Back on Track Mortgage: If you have a financial glitch in your credit history, this could be the mortgage for you.
NQT Mortgage Policy: Mortgage funds can be released up to one month before the start of your first post – meaning you can be ready for September.
Teacher Later Years Mortgage: This mortgage is designed for teachers who are retired or approaching retirement. The maximum age at the time of applying is 70.
£100 Cash back for all NUT members: They offer £100 cash back for all NUT members taking out any mortgage.
If you are looking to save, you might be pleased to know that Teachers Building Society have regularly featured in the Best Buy charts for their savings accounts which include easy access savings accounts and ISAs.
Teachers Building Society prides itself on its friendly and professional service. Your application will be assessed on its own merits, and you will be treated as an individual throughout the process. Teachers does not have an automated telephone system and often you will deal with the same advisor throughout your application.
Teachers Building Society is a mutual organisation, with the best interests of its members, not shareholders, at the forefront of every feature and service.
To find out more about the Teachers Building Society and how they can help you, visit their website by following this link.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE