This is because most of the High Street Mortgage Lenders will class them as a “Contract Worker”. As such teacher mortgages will require you to have 12 months in the role.
Fortunately, some smaller Lenders are more sympathetic to this situation and will consider an application without 12-month history.
Here we look at how it might be possible to attain Mortgages for Newly Qualified Teachers if they are a First Time Buyer or Moving Home in Sunderland.
If you are a newly qualified teacher and would like to discuss your mortgage options then please don’t hesitate to contact us.