Teachers Building Society

phone us on l 0800 378 669
Educated Finance

Variable Mortgages

A discounted variable mortgage could be for you if:

With our discounted variable mortgage plans your payments will vary in line with any interest rate changes, however, you will always pay less than our standard variable rate for the discount period.

Once the discounted rate period is finished the mortgage changes to and remains on our Standard Variable Rate (currently 4.99%) for the remaining term of the mortgage.

We offer mortgages where the rate is discounted for the first three years.

The table below provides a brief summary of the current products on offer.


Special loyalty mortgage products available for existing customers, subject to status, to find out more ring the Society on freephone 0800 378 669

Product Rate Max %
Property Value
Arrangement Fee

3 Year Discount, (Teachers / Existing Borrowers Only)

4.04% 75% £N/A Get a quote

3 Year Discount, (Teachers / Existing Borrowers Only)

3.79% 75% £799 Get a quote

3 Year Discount, (Teachers / Existing Borrowers Only)

4.49% 85% £799 Get a quote

3 Year Discount, (Teachers / Existing Borrowers Only)

4.74% 85% £N/A Get a quote

Whichever plan you choose please make sure you read the relevant Key Facts Illustration before making your final decision. We will be happy to provide this upon request.

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Head office
Teachers Building Society, Allenview House, Hanham Road, Wimborne, Dorset, BH21 1AG
T: 01202 843500
F: 01202 841694
E: teachers@teachersbs.co.uk

Authorised and regulated by the Financial Services Authority.
Registration Number:156580