Teachers, a specialist mortgage provider for the education sector, announced it was to launch into the intermediary sector for the first time in April and the networks are the first to have access to its deals.
ARs of Mortgage Intelligence and Mortgage Next will now have access to a range of exclusive Teachers products, including a two-year discount for remortgages at 2.24% and a two-year discount for house purchase at 2.99%.
In addition, there is a three-year discount for buy to let at 4.99%.
Sally Laker, managing director of Mortgage Intelligence Holdings, said: “We are delighted to be the first network to have access to Teachers Building Society’s products. This is great news for the intermediary market and we are certain that our members will find real value from this specialist provider.”
Alan Gravett, head of sales and marketing at Teachers Building Society, said: “We are delighted to be working with Mortgage Intelligence/Mortgage Next for our launch into the mortgage intermediary channel.
“Teachers Building Society has been providing mortgages to teachers for nearly 50 years and we are confident that our expertise in this market combined with our range of products and truly personal service will be a valuable support to mortgage intermediaries.”
