Annette Brooke MP visited Teachers Building Society
in Wimborne on Friday 16th July to discuss some of the challenges
currently facing the building society sector as well as local issues,
such as the lack of affordable housing and teaching children about
general finances.
The Society shared with Annette Brooke its vision to
support teachers both to buy their first homes and provide help for
teaching children about general finance. Several members of staff from
Teachers Building Society have recently visited local secondary schools
to provide finance education and answer pupils’ questions about topics
like the credit crunch and how mortgages work.
James Bawa, chief executive of Teachers Building
Society, says “We are very grateful to Annette Brooke for taking the
time to visit us and hear about our plans to expand our provision of
financial capability education. In a recent survey, 94% of parents think
that financial education should be taught in schools. We share parents’
and teachers’ concerns that children need to know more about how to
manage money.”
Affordable housing is a key issue for the Dorset Mid
and North Poole MP and for a number of years Teachers Building Society
has specialised in supporting the government’s home buying schemes for
teachers.
James continues, “We are determined to continue to be
true to our founding purpose of helping teachers onto the property
ladder and we are also committed to supporting the local community where
we can.
“It’s important for local businesses such as ours to have a voice in Parliament, and Annette Brooke can help us to be heard.”