- Bursary Income Considered
- Newly Qualified
- Guarantors
- Supply Teachers
- From 5% Deposit
- No Credit Scoring Application for Some Lenders
- Common Sense Underwriting
MMortgages for Teachers
At RockHopper we can help clients looking to arrange a mortgage, who work as a teacher or a trainee teacher.
Clients may have a place on an Initial Teacher Training (ITT) course, or Postgraduate Certificate of Education (PGCE) with bursary income. They may just have started employment as a newly qualified teacher or have a limited track record of teaching roles.
They may also have become a newly self-employed supply teacher. A lack of track record of self-employed income can often cause difficulties with high street lenders, who either refuse to consider all income sources, or require a much longer track record before they do so – normally one to two years.
Read More >>