- Bursary Income Considered
- Newly Qualified
- 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 >>
At RockHopper we can look to assist teachers and trainee teachers looking to arrange a mortgage. If you do have a limited employed or self-employed track record, then we can work with you to produce a projection and career plan for the lender to support your application.
We appreciate everyone’s particular situation is unique, which is why we look at every enquiry on a case by case basis.
If you are a teacher or a trainee teacher and would like to see whether we can help you raise a mortgage, do get in touch for a free no obligation quotation.