Skip to main content
Family Mortgages

Family Mortgages

​We can help you ​onto the property ladder ​with a little help from your family.

How we can help

With house prices on the rise and areas such as London boasting an average property price of £490,718*, it's no surprise that many first-time buyers are finding it increasingly difficult to purchase a home of their own.

We recognise that more and more aspiring buyers are having to turn to their families for help, and we have adapted our lending policy to cater for this need. Better yet, only one of you needs to be a teacher to qualify - this can be you or a family member looking to help you. 

Gifted Deposits

If you are fortunate enough to be gifted a sum of money by a family member, we can consider providing you a mortgage to cover up to 95% of your new home's value. All we'd need is a confirmation letter from the family member providing the gift. 


If your family does not have ​available savings to provide a gifted deposit but owns a property, they could use this property to free up some cash to use as a house deposit.

If the property is mortgaged but is not currently with Teachers Building Society, or the property is owned outright, remortgaging to the Society would enable ​your family to raise additional funds which could then be used as a gifted deposit, as detailed above. 

If the property is already mortgaged with the Society, additional funds could also be raised by applying for a further advance. 

In some circumstances, you may be in a position to borrow sufficient funds on your current home to buy a property outright for your child to live in, allowing you to retain full ownership. 

Who is counted as a teacher?

This includes teachers, lecturers, teaching assistants, nursery nurses, child therapists and education support staff (subject to specific lending requirements). 

Who is counted as family? 

This is not limited to parents, but can also be grandparents, siblings, aunts, uncles and more. 

*Source: January 2017 London property data,

Want to have a chat with someone?

You can arrange a call back, send us a message or get straight through to the friendly team on 0800 378 669.

Find out more

How much could you borrow?

Use our handy mortgage calculator to find out how much we may be able to lend you and which ​mortgages may be available to you. 

Get started

Have a question? 

Use our quick form to submit a question to our friendly team.

Find out more