Teachers Building Society Residential Mortgage Rates
| Product | Rate | Initial Period | Fee | Overpay |
|---|---|---|---|---|
| 2-yr fixed 60% LTV | 5.49% | 2 years | £995 | |
| 2-yr fixed 75% LTV | 5.67% | 2 years | £995 | |
| 2-yr fixed 85% LTV | 5.89% | 2 years | £995 | |
| 5-yr fixed 60% LTV | 4.09%Best | 5 years | £995 | |
| 5-yr fixed 75% LTV | 4.29% | 5 years | £995 | |
| 5-yr fixed 85% LTV | 4.51% | 5 years | £995 | |
| 5-yr fixed 90% LTV | 4.71% | 5 years | £995 | |
| 2-yr tracker 65% LTV | Base+1.24% | 2 years | £595 | |
| Standard Variable Rate | 7.64% | Ongoing | None | - |
Teachers Building Society Buy-to-Let Mortgage Rates
| Product | Rate | Initial Period | Fee | Overpay |
|---|---|---|---|---|
| BTL 2-yr fixed 65% LTV | 6.07% | 2 years | £1,299 | |
| BTL 5-yr fixed 65% LTV | 4.71%Best | 5 years | £1,299 | |
| BTL 5-yr fixed 75% LTV | 4.97% | 5 years | £1,299 |
Teachers Building Society Product Transfer Rates
| Product Transfer Option | Rate | Initial Period | Fee | Cashback |
|---|---|---|---|---|
| Teachers Building Society 2-yr fixed PT (same LTV band) | 5.54% | 2 years | £0 | Cashback available |
| Teachers Building Society 5-yr fixed PT (same LTV band) | 4.14% | 5 years | £0 | Cashback available |
| Teachers Building Society PT + borrow more (residential) | 4.21% | 5 years | £595 | Cashback available |
About Teachers Building Society Mortgages
Teachers Building Society is a specialist mutual lender that originally served members of the teaching profession. While they have broadened their criteria, they retain particular expertise in lending to teachers, academics, and education sector professionals, and their income assessment reflects the career progression and pay scales of educational workers.
Teachers Building Society suits current and former teachers, school leaders, university academics, and other education sector professionals. Their understanding of term-time income, supply teaching arrangements, and academic pay structures means they can often lend where mainstream lenders struggle with non-standard employment patterns.