Teachers Building Society has launched a new fee-free Help to Buy Remortgage which offers £400 cash back to cover legal and admin fees.
The 3 year fixed rate remortgage at 2.99%* has no arrangement fee and is designed to help homeowners who wish to remortgage and stay within the Help to Buy Scheme.
Andy Yates, Business Development Manager at Teachers Building Society, said: “We already offer a range of Help to Buy Mortgages available for remortgage to provide people with a choice to stay within the scheme, however this remortgage provides homeowners not only with a reassuring fixed rate but cash back to help cover some costs incurred in the remortgage process.
This mortgage is available to education professionals in England and Wales as well as local residents in Dorset, Hampshire and Wiltshire. Teachers who are members of the NUT can also get an additional £100 cash back and we can help teachers working on contracts, including NQTs and supply teachers – so a combination of our lending criteria and products means we can provide rounded support to teachers who are looking to stay within the Help To Buy Scheme.”
To find out more about the range of mortgages available at Teachers Building Society, call 0800 378 669 or visit our website.