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Best Year Ever for Teachers Building Society

Nov 21, 2014

Teachers Building Society has announced a record-breaking year for mortgage lending in 2014 surpassing last year’s lending of over £48 million*.

The Dorset-based mutual saw the amount of mortgage lending rise once again from 2013 – continuing its steady growth over recent years. Teachers Building Society has a strategy for steady but strong levels of growth over the next decade and is on target to meet its objectives.

James Bawa, chief executive of Teachers Building Society, says, “We’re delighted with our figures for 2014 as the whole team has been working hard to deliver our plan for growth, alongside a truly personal service for our customers. Following the tough years of the credit crunch we set a course for continued strength and we’re very proud to have surpassed last year’s lending with over a month to go till the end of the 2014.”

Teachers Building Society, originally founded to provide mortgages for teachers, continues to offer and expand its range of products for education professionals including mortgages for NQT teachers and a 95% mortgage for NUT members buying their first home.

To find out more about the range of mortgage products available at Teachers Building Society, call the friendly team on 0800 378 669, visit www.teachersbs.co.uk or ask your financial advisor.

*  2013 mortgage lending totalled  £48,426,307
   Mortgage lending as of 20 November 2014 £49,088,788

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