Business Details
50+ Years
experience
Trusted Mortgage Brokers for Teachers Since 1966
Established in 1966, Teachers Building Society was founded with a clear mission: to support teachers in achieving homeownership. Our founders recognized the challenges educators faced in securing mortgages and created a mutual organization dedicated exclusively to their needs. Over nearly six decades, we have remained unwavering in this purpose, leveraging our mutual structure to prioritize members' interests over shareholders. By using collective savings to fund mortgages, we create a self-sustaining cycle where savers directly enable more teachers to buy homes. Our expertise in teacher-specific financial needs has allowed us to maintain competitive rates and tailored services, including specialized first-time buyer mortgages, remortgaging options, and savings products.As the only building society exclusively focused on educators, we combine deep sector knowledge with personalized service, ensuring every interaction reflects our commitment to educational professionals. Our regulatory compliance and transparent operations, authorized by the Prudential Regulation Authority, reinforce our position as a trusted partner in the teaching community's journey to homeownership.
Services
First Time Buyer Mortgages
Teacher Remortgaging
Holiday Let Mortgages
Buy to Let Mortgages
Teacher Savings Accounts
Details
- Year established: 1966
Highlights and features
- 60 years' experience serving teacher-specific mortgage needs
- Mutual structure prioritizes member interests over shareholders
- Exclusive best rates for teaching professionals
- Personalized service from education sector specialists
- Community-focused model using savings to support teacher lending
Associations and certifications
- Prudential Regulation Authority
- Financial Conduct Authority
What people say
100% helpful, supportive and knowledgeable
Services
First Time Buyer Mortgages
Tailored mortgage solutions for educators purchasing their first home. Designed specifically for teachers' financial circumstances, these mortgages offer competitive rates and flexible deposit requirements. Our advisors provide personalized guidance through the entire process from initial application to completion.
Teacher Remortgaging
Specialist remortgaging options for teachers seeking better rates or different terms. Our service includes comprehensive analysis of existing mortgage arrangements and tailored recommendations. We focus on maximizing savings while maintaining appropriate lending terms for educational professionals.
Holiday Let Mortgages
Mortgages for teachers investing in holiday rental properties. These products consider the unique income patterns of holiday lets while maintaining competitive rates. Our advisors provide detailed assessments of potential investment viability and financing options.
Buy to Let Mortgages
Landlord-focused mortgage products designed for teachers expanding their property portfolios. These mortgages account for rental income potential while maintaining our commitment to competitive teacher-specific rates. Full support provided throughout the application process.
Savings Accounts
Range of savings products including ISAs and regular savings accounts tailored for educators. Funds deposited support mortgage lending to fellow teachers, creating a community-focused financial cycle. Competitive rates offered across different savings product tiers.
Questions
Are you only available to teachers?
Yes, our mortgage products are exclusively designed for teaching professionals across England and Wales.
How do teacher-specific mortgages differ from standard ones?
We offer preferential rates and consider teacher-specific income structures, making homeownership more accessible for educators.
Can I get a mortgage as a newly qualified teacher?
Yes, we accept applications from newly qualified teachers with confirmed permanent employment contracts.
How does your mutual structure benefit customers?
Our mutual status means we reinvest profits to benefit members through better rates rather than distributing to shareholders.
What support exists for first-time buyers?
We provide dedicated advisors, mortgage calculators, and a Buyers Club with educational resources for first-time teacher purchasers.
How are savings rates determined?
Our savings rates are set to ensure competitive returns while maintaining the financial stability needed to support our mortgage lending commitments.
Reviews (3)
Hannah Bennett
Apr 24, 2021
Report
Been with this company since we bought our first house. They have been professional and helpful at every opportunity.
Explorer SPoV
Nov 17, 2019
Report
Lack of competency throughout the process, very sluggish with any decision taking. Cannot recommend; avoid!!! if your time is precious.
George Richards
Jan 07, 2019
Report
Had work experience here last year. Honestly the most lovely, fantastic people there and I felt like family straight away. Absolute pleasure to work with and learnt so much . Cheers guys
