Obtaining a Mortgage as a Newly Qualified Teacher in Manchester (NQT)

Mortgage Advice in Manchester for NQT’s

Congratulations you have recently passed your exams and now a newly qualified teacher, you have found the perfect teaching position and cannot wait to get started in the classroom. However, it requires you to relocate to Manchester.

You are now in that stressful yet thrilling times where you are searching for a place to move and balancing the struggle of homeownership whilst starting your new role. Rest assured; we can stay in confidence that you are not the only individual to be in this situation.

Mortgages for NQTs

It can be a challenge to find a lender willing to offer a mortgage to newly qualified teachers, reasons being having no work history, or having temporary contracts. But do not panic despite all this. It is possible to get a mortgage as a newly qualified teacher.

Some Lenders can lend, even some who will offer reasonable and deals with those working in the education section. However, it is about finding the correct Lender, which can be a daunting task; this is where our Advisors in Manchester can help search thousands of deals to finding you the best deals and rates tailored to your circumstances.

What mortgages for NQT teachers are there?

• The different types of mortgage available for NQTs can include:
• Shared ownership.
• Variable-rate mortgages.
• Help to Buy in Manchester
• Fixed-rate mortgages.

The benefits of using our friendly Mortgage Broker in Manchester. Here are some of the critical things that can get considered:

• No previous employment history required.
• A 12-month first post-contract can get treated the same as a permanent role.
• Mortgages available up to one month before the start of the first contract (so you can apply in the August for example).
• Up to 95% loan to value.

How we can help | Mortgage Advisors in Manchester

Our experienced Mortgage Advisors in Manchester know the Lending criteria inside and out; they have years of experience in helping people with their mortgage situations and try their best. 

To find out your option to contact us now and our team will take some details from you, then we will find out what your options are and whether you can get a mortgage suitable to your circumstances.