Are you a teacher exploring mortgage options?
At Abbey House Mortgages, we understand the unique challenges teachers encounter when applying for a mortgage. We work with lenders who specialise in supporting educators, offering a more empathetic approach tailored to your profession.
Newly Qualified
As a newly qualified teacher, you will often start your career on short term, temporary contracts before securing a permanent position, which can pose challenges when applying for a mortgage due to the perceived instability of employment.
Supply Teachers
As Supply Teachers you will often have irregular work patterns and varying income levels, which can make it difficult for lenders to assess the borrower's ability to repay the mortgage.
New Contract/Job offer
Teacher turnover, job changes, or transitioning to new contracts are common occurrences. However, these shifts can pose challenges with lenders, who typically prefer evidence of steady income and job stability.
Whether it's navigating job-specific hurdles or addressing any concerns you may have, we're here to ensure a smooth mortgage application process for you.
Your home may be repossessed if you do not keep up repayments on your mortgage
Here's how we can assist you:
We work with lenders who are committed to supporting individuals within the teaching profession with their mortgage requirements. These lenders understanding the unique challenges teachers face.
Additionally, with our help you could benefit from exclusive offers from selected lenders - including discounted mortgage interest rates, higher affordability ratios, lower deposits and reduced fees.
These lenders will also consider various factors, including:
- Treating 12-month contracts equivalently to permanent positions
- Accepting job offers as evidence of income prior to commencing the role
- Recognising career progression, understanding pay rangers and salary rises
- Accommodating short-term contracts
Who can benefit?
If you are a teacher or other educational professional, employed either part or full-time in any of the following roles:
- Fully qualified teacher/lecturer
- Newly qualified teacher (NQT)
- Teaching assistant (NVQ level 3)
- Supply teacher
- Nursery Nurse (NVQ level 3)
- Children's therapist
- Contractors, retired workers, and those in receipt of educational grants or bursaries (in some cases)
Ready to Start? Get in Touch
We understand that reaching out to a mortgage adviser can be daunting, but we want you to know that we're here to make it as easy as possible.
Don't hesitate to contact us - our initial advice is completely free and there's absolutely no obligation. Fees are only charged where you wish to enter into a paid service with us, and will be fully explained to, and agreed by, you before you commit to anything.
Let's turn your dreams into reality, together.
Here's What Our Customers Have To Say About Us
Don't just take our word for it, our clients say it better than we ever could!
D Bates
Hucknall
I can highly recommend Cheryl when looking for mortgage advice. I was actually advised that my best option was stay with my current provider and helped me decide on the most suitable rate regardless of the fact it did not benefit her in any way! I will definitely use Cheryl again in the future. Thank you so much for your help!.
Angela Adams
Annesley
Fabulous service received by Cheryl. She took the time to explain all products that were available to me and the pros and cons of each. I was very well informed and have recommended her to my friends and colleagues. 5*!
Emma Eastwood
Bulwell
Cheryl was absolutely brilliant for us, would highly recommend, very professional, caring, and didn't give up until she got us the best deal with our mortgage. She also gave us the very best advice we could have wished for, she really, really helped us and can't thank her enough xx
Oliver Fletcher
Basford
Cheryl was great to deal with. Understood my needs and was quick coming back with suggestions. Will definitely use next time.
Get In Touch
Postal Address:
The Abbey House, 17 Palmer Ave, Hucknall, NG15 7AN