Lenders

Teachers Building Society – UK Mortgage Lender

The Teachers Building Society was founded in 1966 at Wimborne in Dorset to facilitate teachers and other education workers buying their own homes. It is the 39th largest building society in the UK.

The society has one office, in Wimborne.

Mortgage Products

Fixed Rate Mortgages: 3 year and 5 year fixed rate mortgages and remortgages.

Discount Mortgages: 3 year discounted variable rate mortgages and remortgages.

Shared Ownership Mortgages: 3 year fixed rate mortgages and remortgages.

Standard Variable Rate Mortgage: a variable rate mortgage where monthly repayments go up and down in line with the lender’s base rate, with cashback option.

Buy to Let Mortgages: 3 year fixed rate mortgages and remortgages; 2 year and 3 year discounted variable rate mortgages and remortgages.

The Teachers Building Society is a mutual building society that offers financial services and products to teachers and others that work in an educational setting. Although the building society has been in existence since 1966 it has become increasingly important and popular in recent years as the price of houses has put purchasing a property out of the reach of many educational workers.

The building society is based in Dorset; however, it is available to anyone who meets the criteria of being an education worker. All profits made from the savings arm of the business are ploughed back into the society to offer preferential rates to those taking out mortgages.

With specialist knowledge and an understanding of the market, the Teachers Building Society can offer a full and complete service for all members.

Website: www.teachersbs.co.uk