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Is your customer a Teacher working on a Fixed Term Contract?

07 June 2016

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Teachers Building Society mortgages are designed for the increasing number of teachers working on a fixed term or temporary contract.

For joint applicants, they can accept temporary contracts with little or no track history when the contract has 6 months remaining on completion of the new mortgage(subject to the contract income used not exceeding 50% of the total income.)

For single applicants, contractors need 12 months' employment history, but only 6 months remaining on the contract at application.

To find out more, visit their website or call 0800 378 669 to get straight through to our friendly intermediary team.


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