It was founded in 1877 by the organisation that became the National Union of Teachers (NUT) as a mutual friendly society. It provided sick pay, annuities and endowments before teachers received help from the Government towards finances or pensions.
It aimed to provide simple and affordable savings and protection schemes to help ensure teachers had more financial security and lived better lives, both while working and in retirement. It maintained strong relations with the NUT throughout its existence.
Following the vote in favour of transfer to LV= by Teachers Assurance members at the Special General Meeting in December 2015 and the agreement of the regulators, Teachers Assurance business was transferred to LV= on 1st June 2016.
"Over the years, thousands of NUT members and their families have enjoyed the benefits of saving with this well-respected organisation. I have no hesitation in recommending Teachers Assurance. If you’re looking for the ideal savings and investment product, the information they offer is well worth looking at" Christine Blower
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Teachers Building Society have been helping teachers and education professionals
onto the property ladder for over 50 years. We offer the best deals on mortgages
for teachers, and a flexible approach to lending criteria as we understand the
newly qualified teachers with help and support on their first home purchase, as
well as great deals to give them that extra bit of help which goes a long way.
Newly Qualified Teacher
As a newly qualified teacher it is likely that you will be looking to be your first home
at some point, and that is where TBS are perfectly placed to help you. As an expert
mortgage lender to teachers, we understand the range of different employment
circumstances of NQTs and offer a flexible approach to criteria.
Whether you're looking for a low deposit, Help to Buy or Shared Ownership mortgage, our expert advisors are on hand to help.
It is often more difficult to secure a mortgage if you are working on a contract basis as many mortgage lenders will view your job as non-permanent. If you're a supply teacher looking to secure a mortgage either on your own or jointly, our Supply Teacher Mortgage could be for you.
As the only building society founded to support teachers, we have developed a wide range of mortgage options to support you throughout each stage of your teaching career. Although many of the larger lenders won't consider later years lending beyond the age of 70, we can consider lending to you up to the age of 83 - even if you're already retired.
Time for a change? If you're looking to move home, whether you have a 5% deposit or more, we have a range of mortgages to suit your lifestyle as well as your pocket, and our advisors can talk you through the best options available to you.
Moving your mortgage can be a big decision, but our expert advisors are here to work alongside you to find the best new deal
Looking to make a change to your mortgage or borrow additional funds? We're here to help.
Please note, Haringey NEU is not responsible for the content of external sites