Teachers Building Society
Teachers Building Society specialises in solutions for education professionals, as well as catering for the wider market.
Teachers Building Society’s core purpose, the reason why they were founded, is to help teachers get onto the property ladder. By offering teachers generous income multiples, asking for small deposits and being flexible with their criteria they’re today staying true to this founding purpose.
Teachers Building Society have grown, however, to help an increasing number of mass affluent individuals with more complex situations. They are able to do this by not using computer algorithms or automated processes. Instead, Teachers Building Society use their experience and knowledge, with a bit of intuition to help turn ambitions into reality.
- Does your client have complex income?
Teachers Building Society will always consider more than one income stream and whether your client haws any other assets that they could use to repay or service the mortgage
- Do they need an interest only?
They are able to help those with higher incomes and who have a credible plan to repay their mortgage – often with larger loans
- Is funding required for a short time?
If, for example, your client needs to buy before they’ve sold, they’ll support them between property moves
- Do they need a mortgage for an unusual property?
Teachers Building Society will help them buy one e.g. a mixed use property (annexe or cottage to let) or one with acreage
You can visit Teacher Building Society’s dedicated Intermediary website for information about the society, applying online, products, resources and your Intermediary Team.
Teachers Building Society can also help you with support with marketing to educational professionals. Go to the Resources section of their website and download the School Staffroom Poster, or call the Intermediary Team on 01202 843 513.