Teachers For Intermediaries

Teachers For Intermediaries

Complex Borrowing Solutions and education sector expertise from Teachers for Intermediaries. TFI is the dedicated intermediary subsidiary of Teachers Building Society. If the property your client is looking to buy is unusual or there are any other complication factors like age, income or a shorter term required, TFI welcome a challenge to provide a borrowing solution.

 

Key Features  Tools & Calculators

 

Proc Fees

Product Gross Net
All 0.35% 0.33%
Product Type When does the lender pay PMS? Frequency
All Paid the month after completion. Monthly.

Lenders send payments by BACS which can take anything up to 5 working days to clear at PMS. PMS then make payment to brokers once the funds have cleared in our account.  


Key Features

  • PMS-Tick.png

    Multiple incomes streams used for affordability

     
  • PMS-Tick.png

    Short term bridge alternative lending with no ERC

     
  • PMS-Tick.png

    Unusual property types for residential, BTL and Holiday let lending

     
  • PMS-Tick.png

    Interest Only lending into retirement

     

Join the revolution

Post Code Restrictions: Lender-InfoBoxWhite

We exclusively lend within England and Wales to applicants of any occupation.

Register Lender-InfoBoxWhite

Register to place business with Teachers for Intermediaries:

*Please select that you are a PMS Mortgage Club member when registering, placing business or checking existing payment route to ensure you receive the procuration fee quoted by PMS.

Register

If the property your client is looking to buy is unusual or there are any other complication factors like age, income or a shorter term required, TFI welcome a challenge to provide a borrowing solution.

Income

We:

  • Consider multiple income sources
  • Use of unearned income such as retained profit, undrawn investment / pension income 
  • Provide self-employed solutions into retirement 

Timing

Short term lending between 1-5 years on No ERC interest only to suit your client who may be:

  • Awaiting sale of property
  • Timing around disposal of assets
  • Requirement to maintain debt/tax planning

Property

We can handle property with complexity:

  • Acreage
  • Outbuildings / annex (Let)
  • Holiday lets on site
  • Basement flat
  • Mixed use
  • One title deed

Age

We understand how frustrating it can be seeing your clients turned down for a mortgage based purely on their age. By assessing affordability on interest only and focusing on the overall creditworthiness of the application, age is rarely the be-all and end-all.

Holiday lets 

  • Real life solutions for your landlord clients up to age 83
  • Min income 25K sole, 40k joint Up to £750k
  • Air B&B acceptable for our holiday lets
  • Unusual properties  

 

Tools & Calculators

Loading...