Congratulations, you have recently passed your exams and are now a newly qualified teacher. All you have to do is find that perfect teaching position and get yourself started teaching that specialist subject, But First, your new job requires you to relocate to Newcastle.
By now, you are experiencing that stressful yet overwhelming time of searching for a property to move to and balancing the struggle of homeownership whilst starting your new role. Rest assured, we have confidence that you are not the only individual in this situation, and we may be able to help take that stress away.
It can be challenging to find a lender willing to offer a mortgage to newly qualified teachers, the reasons being having no work history or having temporary contracts. But despite all this, you still can obtain a mortgage as a newly qualified teacher.
There are Lenders out there that can lend fairer deals with those working in the education section. However, finding the correct Lender can be a daunting task; this is where our Mortgage Advisors in Newcastle can help search thousands of deals to find you the best deals and rates tailored to your circumstances.
The different types of mortgage available for NQTs can include:
– Shared ownership.
– Variable-rate mortgages.
– Help to Buy in Newcastle.
– Fixed-rate mortgages.
Here are some of the reason why previous first time buyers in Newcastle choose Newcastlemoneyman as their go-to open and honest mortgage broker in Newcastle:
– 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 August, for example).
– You qualify up to 95% loan to value.
Our dedicated team of Mortgage Advisors in Newcastle know the Lending criteria inside and out; they have years of experience helping people with their mortgage situations and trying their best.
To book your free mortgage consultation, get in touch, and our team will take some details from you to find out what your option(s) are and whether your circumstances make you eligible for a mortgage.
Date Last Edited - 15/06/2021