Business Details
50+ Years
experience
Mortgage Services for Teachers Since 1966
Established in 1966, Teachers Building Society was founded to address the unique financial needs of educators, particularly those facing challenges in securing mortgages with smaller deposits. Our mutual structure ensures that our focus remains on supporting members rather than external shareholders, allowing us to offer competitive rates exclusively for teachers. Over nearly six decades, we have maintained an unwavering commitment to the education community, leveraging collective savings to fund mortgages that empower first-time teacher buyers. Our expertise in tailoring financial solutions for educators, combined with a deep understanding of their professional circumstances, positions us as a trusted partner in homeownership.We prioritise simplicity and personalisation in all interactions, ensuring our service aligns with the values and needs of those who dedicate their careers to teaching. Transparency and ethical practices underpin our operations, reflecting our long-standing reputation as a socially conscious financial institution. With a heritage rooted in advocacy for teachers, we continue to innovate while staying true to our founding mission of making homeownership accessible for educators across England and Wales.
Services
Mortgage Services
Savings Accounts
First Time Buyer Mortgages
Holiday Let Mortgages
Buy to Let Mortgages
Mortgage Calculators
Decision in Principle
Remortgaging
Shared Ownership
Payment Plans
Details
- Year established: 1966
Highlights and features
- We reserve our lowest mortgage rates exclusively for teachers
- Our mutual structure prioritises member interests over shareholder profits
- 60 years of experience supporting educators' homeownership journeys
- Savings accounts directly fund teacher-focused mortgage lending
- Personalised service designed for the education community's unique needs
What people say
Helpful, supportive and knowledgeable
Exclusive rates for teachers
Personal and simple service
Supports first time buyer teachers
Dedicated to education community
Services
Teacher Mortgages
Specialist mortgage products designed specifically for teachers, offering preferential rates and flexible deposit requirements. Our expertise addresses educators' unique financial circumstances, including smaller deposits and career progression patterns. By focusing exclusively on teachers, we provide tailored solutions that mainstream lenders often overlook, ensuring accessibility to homeownership for education professionals across England and Wales.
Savings Accounts
Competitive savings products that allow members to grow their funds while supporting teacher mortgage lending. Our accounts cater to both educators and general savers, creating a mutually beneficial cycle where deposits directly enable first-time teacher buyers to access homeownership. This ethical approach combines personal financial growth with community support through a transparent, member-focused structure.
First Time Buyer Mortgages
Dedicated mortgage solutions for educators purchasing their first home, featuring reduced deposit thresholds and exclusive rate structures. We specialise in overcoming traditional lending barriers faced by teachers, leveraging our six-decade understanding of their professional circumstances to create accessible pathways into property ownership for new buyers.
Holiday Let Mortgages
Specialist financing for teachers investing in holiday rental properties, combining competitive rates with flexible terms. These mortgages support additional teacher lending through our mutual structure, enabling educators to diversify their property portfolios while maintaining our core mission of facilitating primary home ownership for education professionals.
Mortgage Calculators
Interactive digital tools helping teachers assess their mortgage eligibility and budgeting capacity. These calculators provide instant, accurate estimates of potential borrowing amounts and repayment structures, empowering educators to make informed decisions about their property purchases through transparent, user-friendly technology.
Questions
What mortgage options exist specifically for teachers?
We offer exclusive mortgage products with preferential rates for teachers, including first-time buyer, remortgage, and holiday let options tailored to educators' unique needs.
How can teachers calculate their mortgage budget?
Our online mortgage calculator instantly shows teachers their potential borrowing capacity and total purchase budget based on their specific circumstances.
What makes your savings accounts unique?
Our savings products directly support teacher mortgage lending, creating a mutually beneficial cycle where savers help educators achieve homeownership while earning competitive returns.
Do you offer 24/7 mortgage support?
Our advisors are available Mon-Fri 9am-7pm and Sat 9am-1pm, with call-back options outside standard hours to accommodate teachers' busy schedules.
How do you support first-time teacher buyers?
We specialise in helping teachers with smaller deposits through reduced threshold requirements and exclusive rate structures unavailable from mainstream lenders.
What regulatory protections exist?
We're authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority, with complaints handled through our formal process and the Financial Ombudsman Service.
