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New Adding Fees to Loan Option

Jun 01, 2012

Teachers Building Society is now offering mortgage customers the option to add arrangement fees to the loan.

The new feature is in response to feedback from brokers.

Alan Gravett, Head of Sales & Marketing at Teachers Building Society, said: "We listen to the feedback that brokers give us and this new feature is one of several measures being introduced in response to such feedback. We’re also developing an online application submission for brokers and are to review the supporting documentation that we request. Introduced mortgages are already a significant proportion of new business following our launch into the broker channel a year ago, and we’re delighted with progress so far.”

The Society has also introduced a £99 booking fee for all applications.

To find out more about mortgages from Teachers Building Society, call 0800 378 669.