Really Useful
Financial Advice
The Union is the appointed introducer representative for Teachers Provident Society, under the terms of the Financial Services Act, for the provision of life assurance, pensions and unit trust products. Freephone 0800 435435.
Mortgages and Savings
Teachers' Building Society. Freephone 0800 378669
Home Insurance
CGU. Freephone 0800 010199 Teachers Provident Society. Freephone 0800 378722
Motor Insurance
CGU. Freephone 0800 010199. Frizzell Financial Services. Freephone 0800 122000
Unsecured Loans
Capital Bank. Freephone 0800 526823
Car Purchase
Freeway. Freephone 0345 697243
Discount Shopping
Countdown. Call 020 7610 9088
Travel
NUT Travel Club. Freephone 0800 626928 Countdown Travel. Freephone 0800 581454 Credit Card Transnational Financial Services. Freephone 0800 515166
Road Rescue
Britannia Rescue 0800 591 563
Group Insurance
The NUT has a range of group insurance policies for all in-service members, subject to terms and conditions.
Personal Accident:
accidental injury or death Hospitalisation: compensation for hospitalisation of 7 days or more following an occupational accident.
Personal property: cover for property in schools.
Spectacles: cover for accidental damage to spectacles at work.
Malicious damage to motor vehicles: malicious damage protection for vehicles on school premises.
For details call the Membership and Communications Department at NUT Headquarters on 0207 380 4785.
Helplines
Medical helpline for members claiming under the Union's insurance policies: 0870 5234999
Crime and accident helpline: 0870 5234887
Teacherline: telephone counselling for teachers:
Freephone 0800 0562561
Links
7 September 2010
PRESS RELEASE
Mortgage Help for First Time Buyer Teachers
With only 5.4% of mortgage offers made in June going to first-time buyers*, Teachers Building Society has launched a range of products to help this beleaguered group of aspiring home owners.
A specific 3 year fixed rate mortgage for the popular equity loan scheme HomeBuy Direct has been launched; currently 5.99%, 5.5% APR and available for up to 70% of the purchase price. If the maximum 30% equity loan is achieved, applicants may not need to provide any deposit. An arrangement fee of £799 is payable upon application and at least one applicant must be a teacher. Early Repayment Charges will apply during the fixed rate period.
In addition, the Society’s 2 year fixed rate mortgage range is now available for buyers with just a 10% deposit, with the rate for this level of deposit at 5.99%, 5.4% APR. Support for the NewBuild HomeBuy shared ownership scheme continues, with a 3 year fixed rate product at 6.99%, 5.9% APR.
Alan Gravett, head of sales & marketing, says “As an organisation founded on the principle of helping teachers onto the property ladder, we support Government schemes such as HomeBuy Direct to help people working in education who need a home buying solution without providing a deposit. We are also offering competitive mortgages at 90% loan to value.”
Teachers Building Society is a direct operator and the highly trained and friendly team of mortgage consultants guide first time buyers through the whole home buying process. Allocating a named contact, each case is assessed individually on its own merits.
For more information about HomeBuy Direct, contact Teachers or find your local HomeBuy Agent by visiting www.homesandcommunities.co.uk.
To find out more about mortgages for teachers at Teachers Building Society, call 0800 378 669 or visit the website: teachersbs.co.uk.
For more information go to http://www.teachersbs.co.uk/mortgages/firstbuy.aspx
For more information contact:
Joanna Clarke
Teachers Building Society Public Relations
Tel: 01202 843511
Email: jo.clarke@teachersbs.co.uk