Mortgages for Teachers

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Mortgages for Teachers

Mortgages For Professionals with complex incomes through the main high street lenders

High street lenders typically provide more appealing rates, making them the preferred choice for many professionals seeking mortgage solutions. However, navigating the complexities of professional incomes can present challenges in securing loans from these lenders.

Professionals often assume they must seek alternative lenders due to the intricacies of their income streams. Yet, armed with a deep understanding of various payment structures, we confidently facilitate successful mortgage applications with high street lenders.

In fact, a substantial 93.4% of our mortgage applications are seamlessly processed through reputable high street lenders, showcasing our expertise in navigating complex income scenarios.

Mortgages for Teachers

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MORTGAGES FOR TEACHERS

Here at Davidson Deem, we understand that finding the right mortgage for teachers can be quite difficult. That is why our specialist team are dedicated in providing the best teacher mortgages that are guaranteed to suit all your business requirements! As well as this, you can be sure to receive some of the most efficient and stress-free services when you talk to one of our professional mortgage brokers today!

Benefits of our Mortgages for Teachers

As a professional, you will have access to a range of benefits to suit your needs. When it comes to our professional mortgages, we offer loans of up to five and a half times your salary as well as a 90% loan to value ratio!

When applying for a teacher mortgage, you will also receive the following features:

  • Lower Interest Repayment Rates
  • Borrow More- Future earnings and pay progression will be considered and eventually allow you to borrow more
  • Lower Deposit and Higher Loan to Value Ratio- Professionals like teachers are seen as more trustworthy and will reliably make repayments so lower deposit and higher loan to value ratios are available
  • Accomodating to Your Needs- If you receive bonuses or regular changes to your income, our brokers can find the best mortgage that focuses on this
  • Applications are Individually Assessed- Instead of using a standard formula, this process makes it more bespoke to your needs
  • Flexible Repayment Options- This allows you to take breaks or make larger payments to help reduce interest rates

Our mortgages for teachers will also provide you with repayment periods of as little as five years and up to forty years. This differs from the standard repayment policy of 25-35 years and ensures to give you a lot more flexibility!

Special Mortgage Brokers

Here at Davidson Deem, we are the professional mortgage brokers that you can trust! We can help you find some of the best teacher mortgages for all your needs. As well as this, we also offer the following:

  • Reliability- Our mortgage brokers can do all the work for you, relaying information between you and the lender
  • Efficiency- We will be able to quickly and easily find you a deal based on our access to a range of connections
  • Quality- Our specialist mortgage brokers are able to find the best mortgage rates on the market so you will receive the best rates and benefits with us!
  • Relieving- We can reduce stress levels by giving you more time and freedom to focus on other things whilst we cover the important stuff
  • Money Saving- Our specialist mortgage brokers can help you save money on fees as we already have the knowledge and experience to know how much is required for you to pay

With years of industry experience, our team will make sure to provide expert services and mortgages that suit all your needs! At the end of the day, we want what’s best for our clients so whether you are considering buying your first home, or are re-mortgaging, we have got you covered!

If you are looking for mortgages for teachers, do not hesitate to contact us on 01202 884111 today!

Speak To an Expert
Our mortgage specialists pride themselves on having over 50 years combined experience. Whether you are looking for a mortgage as a first time buyer or to remortgage, we are here to help advise you on the best options available to you.

Frequently Asked Questions

The answer is yes. If you qualify for the eligibility assessment of the lenders, getting a mortgage will not be a problem. Even if you have only started your career, you can qualify based on criteria such as savings, deposit amount, and income from other reliable sources. However, it is advisable to take help from mortgage experts such as Davidson Deem to get your application accepted without hassle.

The mortgage value depends on your requirement and the amount you qualify for. However, Davidson Deem provides loan-to-value ratios of 90% and loans up to 5.5 times your annual earnings.

It is sometimes easier to get mortgages for teachers because many lenders consider them low-risk applicants. Also, the teaching profession is the one that people get into for the long term and is viewed as more stable. Additionally, the potential increase in a teacher’s income attracts many lenders to extend attractive mortgage offers to teachers.

Undoubtedly, teachers with good credit histories get better mortgage rates in the UK. Many lenders in the UK offer highly favourable conditions to facilitate mortgages to teaching professionals. Davidson Deem can help you get a mortgage with lower interest repayment rates, flexible repayment options, and more extended repayment periods of up to forty years.