Mortgages For teachers
Offering specialist mortgage advice for teachers to make the process simple, clear, and stress-free. Contact us for a consultation to go through your first steps and your specific circumstances.
Tailored Mortgages for teacherS
At Evergreen Mortgages, we understand the incredible contribution teachers make every day. From early starts to late evenings marking and lesson planning, your time is precious – and the last thing you need is the stress of navigating complex mortgage options. That’s why we offer specialist mortgage advice designed exclusively for teachers, making the process simple, clear, and stress-free.
Being an expert in the classroom doesn’t mean you’re expected to be an expert in mortgages. With our experience and access to lenders who value the teaching profession, we can help you secure the home you deserve.
Mortgages designed for TEACHERS
Teachers often don’t fit the “traditional” mortgage profile. Whether you’re newly qualified, on a temporary contract, or boosting your income with extra responsibilities, your application might look complicated to some lenders. But we know which lenders specialise in supporting educators and how best to present your case.
Newly Qualified Teachers (NQTs): Secure a mortgage with a contract up to 3 months before your start date. We work with lenders who see the long-term value in your career, not just your short payslip history.
Temporary & Supply Teachers: Even without a permanent contract, we can help. Certain lenders will consider your average income over the past 6–12 months and your teaching track record.
Part-Time & Additional Roles: If you work in multiple schools or take on tutoring or extracurricular responsibilities, we can help ensure this income is recognised. Some lenders will account for 100% of this additional income to boost your affordability.
Pay Structures: From TLR payments to overtime for exam invigilation, we understand the unique way teacher salaries are structured. Presenting this correctly to the right lender can make a huge difference in how much you can borrow.
By partnering with lenders who specialise in teacher mortgages, we can unlock opportunities that other brokers or banks may overlook.
Why choose evergreen mortgages for teacher mortgages?
We know how important it is to have a place where you can unwind after long days in the classroom. Our mission is to make securing a mortgage as easy and stress-free as possible for the people who dedicate their lives to education.
Specialist advice tailored specifically for teachers at every stage of their career.
Access to supportive lenders who understand teacher income structures and contracts.
Clear, jargon-free guidance, so you feel confident from start to finish.
Take the next step
A great teaching career deserves a great home. Take the first step toward your dream home today with Evergreen Mortgages. We’re committed to matching your professional dedication with a mortgage solution that truly works for you.
Contact us now for a personalised consultation – let’s secure your future together.
As a teacher You probably have lots of questions?
Can I get a mortgage as a newly qualified teacher?
Yes. Many lenders accept a signed contract up to 3 months before your role begins, making it possible to buy your first home before payday.
What if I only work through an agency?
Not a problem. Some lenders look at your last 6 months of earnings and your experience in the role, rather than requiring a traditional permanent contract.
Will overtime or shift allowances count towards my mortgage?
Yes, certain lenders will take overtime and shift pay into account. We’ll direct you towards the ones that do.
WHAT ARE THE NEXT STEPS?
Step 1 - Check your credit score
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Hopefully there are no surprises in store here, but whatever you find, with our experience and understanding, Evergreen Mortgages can help you to know how to move forwards. Lenders can be more lenient than you might think, so it’s very important to get in touch!
You can send us a copy of the report so we can help you to review any concerns you have.
Step 2 - Be clear what you earn
Lenders use your pretax income to check affordability – this is your annual salary before your tax and national insurance deductions and not necessarily the figure on your P60.
Overtime, bonus and allowances can be included, but it’s important to provide a clear breakdown on your basic and these separate parts of your income. Lenders allow different percentages of these types of income to be used, based on whether they are guaranteed or variable.
Send us your payslips and we can help you to calculate this out. If you’re self-employed don’t forget to check our self-employed information here.
If you’re self-employed don’t forget to check our self-employed information here.
If you are on a more complex financial agreement a copy of your contract could help us to confirm the way in which mortgage lenders will view your income and affordability.
Step 3 - Make a list of all your current outgoings
This could be student loan payments, car payments, loans, credit cards, mail orders or your mobile bill etc.
Consider your new expected bills: house, insurance and personal insurance, gas and electric, council tax, water, Internet connection, your food bills etc.
Finally, consider what you feel you can comfortably afford per month to pay towards your mortgage. Lenders assess affordability differently to this, but it’s very important that you feel comfortable with your new payments moving forward.
Step 4 - Deposit plus additional amounts
You need a minimum of 5% of the property value that you wish to buy as a deposit plus additional amounts to cover your fees such as your solicitor costs, any stamp duty fees, advisory fees, product fees, and valuations. To help get a clear breakdown of the costs involved and the deposit you need, please call.
If deposit is an issue for you given the study period, and starting salaries comparably to what you could be earning in the next 5 years, you could consider something like the shared ownership scheme, where instead of simply renting you can but a portion of the home and then as your salary increases, you amend the mortgage to a larger borrowing amount to buy the rest of the property. London in particular has many new and second hand properties on the scheme, and in some very exclusive areas of the capital.
Step 5 - Look for properties
Look online or with your local estate agents at properties in your area and the surrounding areas to give yourself an idea of the property values, so you know what homes are worth.
What happens when I call?
Your initial conversation will normally take between 15 and 30 minutes, depending on how many questions you have about the process. We will run through a quick understanding of the five points above to give us an idea of how we can help you, and discuss the next steps with you. This includes what you may need to send, based on the information you give to us.
What documents do I need?
Generally, the documents that are needed are: proof of ID, proof of address, three months payslips and three months bank statements. For a full list and understanding click here for a more detailed breakdown. The documents you need to provide ultimately will depend on your personal circumstances.
Frequently asked questions
What are the next steps after your initial call?
After any documents requested have been sent we should be able to provide you with a fully-costed mortgage recommendation. We will discuss this with you to make sure you understand and are clear on the costs and are happy with these. Provided you are happy to proceed, we will then approach lenders for your initial agreement in principle. This consists of a credit check.
When can I put in an offer on a house?
Once you have a clear idea on your budget, have been agreed in principle by a lender for the mortgage amount needed, and you have the savings ready for the deposit. If you have these 3 things, you’re now in a strong position to put in an offer on a house. This is normally done via the estate agent, however, in Scotland the system is different and you put your offer in via your solicitor.
What’s the difference between an AIP, DIP and a mortgage offer?
An AIP or DIP means the same thing. This is your initial agreement or decision in principle from the lender. This is where they check the information provided by yourself, along with your credit score to see if they can offer the mortgage that you would require.
The full mortgage offer is provided only after they have assessed all of your documentation and viewed the property that you wish to buy. This means that in order to do the full application and receive your mortgage offer, you must have had an offer accepted on a home and have a property that you wish to buy, to move onto this next stage. Once your binding mortgage offer is issued, the process is handed over to the solicitors to organise exchange and completion dates.
How long does a mortgage offer last?
You should see the expiry date on your mortgage offer once it is issued. It varies from lender to lender, but it tends to be between three and six months. If you are buying a new build property some lenders provide an extended mortgage offer expiry date of up to 1 year. Lenders can potentially extend your mortgage offer if it becomes close to expiry, but this is case specific and lender specific, so to get in touch with us if you’re concerned about the need for an extension.
How long does it take to buy a home?
This depends on a number of things but often the chain is a big decider. The mortgage offer would normally take between two and six weeks depending on if your case is straightforward, or if you need a specialist lender. Getting a mortgage offer is only part of the process. The solicitors also have a fair amount of work to complete and you may find the person you’re buying a home from is waiting on their new home they wish to buy. Generally we see new home purchases take between three and six months to complete. It can be considerably shorter or longer if it’s a new build property, depending on what stage of build the development is at and when they are ready to hand over the property.
After the mortgage offer is issued what happens?
Lenders can still recheck your credit or income so it’s very important that you maintain your financial position. Do not be tempted with by now pay later, sofas or kitchen finance. Make sure that you have fully completed on your purchase and have the keys in hand before you make any changes to your financial position. This includes accepting new jobs or changing your car. Get in touch directly with your advisor before making any decisions of this nature whilst you wait for a mortgage offer to be issued or to complete on your new home.
To get a clear idea of the mortgage journey and the route to your new home click here to see our mortgage journey page.
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MORTGAGE ADVISeR in essex
Evergeen Mortgages is based in Upminster, Essex and provides mortgage advice.
We provide expert mortgage advice across Essex, including Brentwood, Shenfield, Billericay, Basildon, Chelmsford, Canvey Island, Colchester, Dagenham, Epping, Hornchurch, Ilford, Ingatestone, Maldon, Romford, Southend, Upminster and Wickford.
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Evergreen Mortgages, 9 Stanley Road, Bulphan, Upminster, Essex, RM14 3RX
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LEGAL INFORMATION
Typically, a fee no greater than £995 is charged for mortgage advice on receipt of a mortgage offer or on successful completion. This would be confirmed in writing once a brief outline of your borrowing requirements have been established. Many of our competitors charge upfront fees for advising and processing applications, regardless of the outcome, whereas our fee is only ever payable on receipt of a mortgage offer or on completion.
Evergreen Mortgages is a trading name of AGA Mortgages who is an appointed representative of Mortgage Intelligence Ltd which is authorised and regulated by the Financial Conduct Authority under number 305330 respect of mortgage, insurance and consumer credit mediation activities only.
We always aim to provide a high quality service to our customers. However, if you encounter any problems and we are unable to resolve them you can take your complaint to an independent Ombudsman. Our advice is covered under the Financial Ombudsman Service.
Please note that most buy to let and commercial loans are not regulated by the FCA and neither is some bridging finance. We shall advise if your specific finance requirement is classed as a regulated activity and therefore covered by the FCA.