Business Details
50+ Years
experience
Mortgage Experts for Teachers Since 1966
Established in 1966, we are a mutual organisation dedicated to supporting teachers in achieving homeownership. Our founding principles were rooted in addressing the challenges faced by educators, particularly women, who were often overlooked by traditional lenders. By operating as a building society, we prioritise member interests over shareholders, using collective savings to fund mortgages that specifically benefit teachers. Our expertise lies in tailoring financial solutions for educators, offering exclusive rates and personalised service.With decades of experience, we have maintained an unwavering focus on the education community, ensuring accessibility to homeownership through innovative products like first-time buyer mortgages and savings accounts designed to support deposit accumulation. Our commitment to transparency and ethical practices has solidified our reputation as a trusted partner for teachers across England and Wales.
Services
Teacher First Time Buyer Mortgages
Teacher Remortgaging
Holiday Let Mortgages
Shared Ownership
Savings Accounts
Details
- Year established: 1966
Highlights and features
- Exclusive mortgage rates reserved for teachers
- Mutual structure prioritising member interests over shareholders
- Specialist knowledge of teacher financial needs since 1966
- Personalised service from education-sector-focused advisors
- Savings products designed to support teacher homeownership goals
Associations and certifications
- Prudential Regulation Authority
- Financial Conduct Authority
What people say
Helpful, supportive
Knowledgeable
Effective mortgage support
Services
Teacher First Time Buyer Mortgages
Tailored mortgage solutions for educators purchasing their first home. Designed to accommodate smaller deposits, these mortgages offer competitive rates exclusively for teachers. Our advisors provide dedicated support throughout the application process, ensuring accessibility to homeownership while maintaining financial sustainability.
Savings Accounts
Specialised savings products that help educators build deposits for home purchases. Accounts include tax-free ISAs with competitive interest rates, designed to complement mortgage goals. Savings directly contribute to increased lending capacity for fellow teachers through our mutual structure.
Teacher Remortgaging
Competitive remortgaging options for existing homeowners seeking better rates. Available to teachers at any career stage, this service offers potential savings through lower interest rates while maintaining flexible terms tailored to educational professionals' financial circumstances.
Holiday Let Mortgages
Specialist financing for teachers purchasing second homes or investment properties. These mortgages support additional lending capacity for educators, featuring terms designed to accommodate both personal use and rental income potential for holiday properties.
Shared Ownership
Flexible homeownership options allowing teachers to purchase shares in properties while paying rent on the remaining portion. This scheme provides an accessible entry point to the property market with scalable investment opportunities aligned with educators' financial planning needs.
Questions
What mortgage options are available for first-time teacher buyers?
We offer exclusive first-time buyer mortgages with competitive rates specifically for teachers. These products accommodate smaller deposits and include dedicated advisor support to guide you through the home-buying process.
How do savings accounts support teacher mortgage goals?
Our savings accounts generate interest to help build deposits while directly contributing to increased mortgage lending capacity for fellow educators through our mutual structure.
Can teachers remortgage with your society?
Yes, we provide remortgaging options for teachers seeking better rates or different terms. Our advisors will assess your circumstances to find suitable refinancing solutions.
What support exists for payment difficulties?
We offer tailored assistance for members facing payment challenges, including temporary repayment adjustments and financial hardship plans to help maintain homeownership.
How does the mutual structure benefit members?
As a mutual organisation, profits are reinvested to benefit members through competitive rates, improved services, and expanded lending opportunities specifically for the education community.
