While figures indicate that the number of first-time buyers taking out their first mortgage is currently at a 20 year low, at Teachers we continue to do all we can to help people working in education to achieve their home owning dreams.
That’s why we’ve launched a new 2 year fixed rate mortgage specifically for first-time buyers that’s fee-free.
Our friendly team of mortgage consultants can guide first-time buyers through the whole home buying process, so if you’re planning on making a move onto the property ladder, make Teachers your first port of call.
HomeBuy Direct could help you buy your first dream home
Aiming to make more affordable homes available to first-time buyers, the HomeBuy Direct scheme provides an equity loan of up to 30% of the purchase price on specific new build properties.
If you would like to purchase your own home but find that property prices in your area are too high or you don't have the necessary deposit, HomeBuy Direct could be a solution.
We welcome applications from teachers purchasing a home through this scheme and will provide a mortgage for up to 70% of the purchase price, meaning that you may not need a deposit at all.
We all like to shop around to get a good deal on insurance, but having the right level of cover at the right price is key when it comes to home insurance. Why not compare your current policy with an illustration provided by Teachers?
We work with Legal & General, one of the UK’s leading providers, because they too have a reputation for excellent customer service. To say thanks, you’ll receive £50 in M&S shopping vouchers when you arrange your combined building and contents insurance through us.
Need to find a home for this year’s ISA allowance?
The Cash ISA Bonus from Teachers has earned a four star rating from Moneyfacts, with the independent finance website acknowledging that we have "delivered a Cash ISA Masterclass" by relaunching the account. Read the review here
Don’t forget that new ISA limits were introduced in April, so the maximum amount an individual can now save in a Cash ISA is £5,100 in a tax year.
If you have yet to make use of your current year’s ISA allowance, you can download an application form for the Cash ISA Bonus here.
