Teacher Mortgages
Are you a teacher looking for a mortgage? We can help. It's free to chat.
Get startedBeing a teacher in the UK can sometimes make securing a mortgage more challenging than expected. Despite having a stable and respected profession, some traditional lenders can be cautious—particularly if you’re an NQT, supply teacher, or on a fixed-term contract. However, this doesn’t mean you’re out of options.Specialist mortgage lenders offer teacher mortgage products designed to reflect your career stability and long-term earning potential. At Premier Mortgage Services, we specialise in helping teachers secure mortgages that suit their circumstances. We understand the education sector and the challenges teachers face, and we’ll support you at every stage of the process.
Mortgage Advice for Teachers
While teaching offers strong job security and career progression, your current contract type or early-career salary may not always meet the strict criteria of high street banks. Specialist lenders, however, take a more flexible approach when assessing mortgages for teachers, often considering pay scale progression and long-term stability.Many of these lenders only work through mortgage brokers, which means expert advice is essential to access the most competitive rates and suitable terms.
Understanding Your Mortgage Options as a Teacher
If you work in education, we can help you access mortgage options that allow borrowing of up to seven times income, whether you’re applying on your own or jointly.
This is subject to lender criteria and a full affordability assessment.To put that into context, a single applicant earning £33,000 could potentially borrow up to £196,400, compared with around £165,000 previously — an increase of roughly 19%, depending on circumstances.
For joint applicants earning £33,000 each, borrowing may be available up to £412,200, which is £82,200 more than before — an uplift of approximately 25%, subject to affordability and lender requirements.
These options aren’t limited to teachers alone. We work with lenders who consider a wide range of education professionals, including teaching assistants, nursery workers, lecturers, headteachers, and supply or contract teachers.
If you’re buying with a partner, only one applicant needs to work in education to be considered under these criteria.We can also arrange mortgages of up to 95% loan to value, and support first-time buyers, home movers, and those looking to remortgage.
Education professionals we regularly help
- New teachers starting their first role
Some lenders will treat a first-year teaching contract as permanent, meaning you may not need a long employment history or three months’ payslips. - Teachers on fixed-term contracts
ECTs and other fixed-term contracts can be accepted by certain lenders. - Supply teachers
We can place cases using income evidenced over two academic terms in the area you’re planning to buy. - Buying with a partner
Only one applicant needs to work in education to access these mortgage options.
Why Talk To Premier Mortgage Services?
We've been getting mortgages done for over 30 years and we specialise in those mortgages which aren't always that simple.
But why else should you choose to chat to us?
We offer:
✔ Clear, straightforward mortgage advice
✔ Direct access to specialist lenders
✔ Support tailored to your career stage
✔ Responsive and easy to reach
And what's more, the initial advice is completely free of charge.
We also provide mortgage advice for other education professionals, including supply teachers, teaching assistants, and school leaders.
Ready to get mortgage advice?
Ready to get personalised advice? One of our qualified mortgage brokers will be happy to help.
We can identify the right lender for your situation and help you obtain the necessary documents for your application to be processed and offered. Please contact us here or call us on 0115 9499988.
Think carefully before securing other debts against your home. You may have to pay an early repayment charge to your existing lender if you remortgage.
Arrange a free mortgage consultation
About us
In 2022 we celebrated 30 years of providing first-class whole of market mortgage advice to clients across the UK surpassing £2 billion pounds of client borrowing with the UK's most respected banks, building societies and specialist mortgage lenders.
Get to know usYou're in safe hands
Premier Mortgage Services is an Appointed Representative of Stonebridge Mortgage Solutions Ltd which is authorised and regulated by the Financial Conduct Authority.
There may be a fee for arranging your mortgage and the precise amount will depend on your circumstances. Our initial consultations are free, always.
Your home may be repossessed if you do not keep up repayments on your mortgage.