Supply Teacher Mortgage Guide

Everything you need to know about getting a supply teacher mortgage

Published on 18/02/2025 Written by Mark Robinson

Can I get a mortgage if I’m a supply teacher?

We are often asked can a supply teacher get a mortgage, simple answer is yes, usually they can. There are two things that come into a Supply Teacher mortgage that will be taken into consideration:

How long have you been a Supply Teacher.
How long have you been a Teacher.

If you have been a Supply Teacher for over 6 months. Or, less than 6 months but have been a Teacher for more than 2 years you will usually have options.

If you don’t fit either of these still get in touch. We may be able to still get you a mortgage.

Specialist Lenders for Supply Teachers

There are specialist Lenders and products for you as Teachers to allow you to get Supply Teacher Mortgages. Lenders such as Teachers Building Society specialise in Teacher Mortgages, however they may not always be the best solution to your problem. That’s where a specialist mortgage advisor for Teachers comes in. Other lenders that may be beneficial for Supply Teachers include:

Halifax
Principality
Generation Home
Skipton Building Society
Teachers Building Society

When you’re looking for a mortgage you may have only been a Supply Teacher a short amount of time. However, lenders may consider you without a proven track record of income as a Supply Teacher if you have experience as a Teacher already. If you don’t have a history of Teaching, and are new to Supply Teaching you may need a couple of terms (or around 6 months) evidence to get a Mortgage.

Do Supply teachers get help with buying a house in the UK?

Unfortunately not at the moment really. You have access to the Help To Buy scheme (Only available in Wales) like everyone else if you are a first time buyer.

There is also the First Homes scheme which is available to Key Workers and First Time Buyers. When it’s released this scheme will be perfect for Supply Teachers. Offering a 30% discount to Key Workers on the purchase of an eligible New Build. Unfortunately this scheme was never widely pushed out and it is very rare to find a property on the scheme.

Supply teaching and getting a mortgage

So you’ve been a Supply Teacher for a while and want a mortgage. You absolutely can. There are different setups for Supply Teachers, but you can have as little as 2 terms worth of employment history and be potentially eligible.

When you’re going for a Supply Teacher Mortgage it’s important to get it right, speaking to a specialist mortgage broker should be the first thing you do.

How to Boost Your Chances of Getting a Mortgage as a Supply Teacher

How long have you been supply – Get all your paperwork in order. Have you had your day rate increase recently? This could mean you can borrow more with some lenders so identify that time in your paperwork.
Payslips – Lenders will generally want to see 3 months history of your Supply Teaching, however some may need as little as 8 weeks, and some may want as much as 12 months.
Deposit – You can theoretically get a mortgage with no deposit at all, however the more the better. You will improve your chances of approval and usually be offered a better rate if you have a larger deposit.
Use a specialist Teacher Mortgage broker – At Albion Forest Mortgages we specialise in Teacher mortgages and are happy to help. Whoever you choose to use as your mortgage broker, having someone that has a lot of experience with Supply Teachers will be beneficial.

Do supply teachers get better mortgage rates in the UK?

Potentially is the answer to this one. There are specialist lenders and products for Supply Teachers. This means that you have access to products that may be better than those open to non-Teachers. That said, sometimes the specialist lender or product won’t be the best one for you, so best to speak to a specialist.

Contract & Supply Teacher Mortgage

Generally there should be a few options available to you. There are specialist products and lenders available, but they may not be the best solution.

Speaking to a specialist mortgage broker not only increases your chances of getting the best deal, you also get it packaged correctly so that the lender understands your income, and where it comes from.

Does it matter how long I have been A Supply Teacher?

It might. We generally find there are a few different types of Supply Teacher.

Long term (12 months +) – They have been a Supply Teacher a long time and can evidence their income over a year.
Short term (6 months +) – They haven’t been a Supply Teacher for years, but have a few terms experience.
New Supply Teachers (Less than 6 months) – They have just changed to Supply Teaching after being a Teacher.

Depending on how long you have been a Supply Teacher there will be different solutions. However, even new Supply Teachers can potentially get a mortgage.

Can I get a supply teacher mortgage with bad credit?

Yes! Not only do we specialise in Supply teacher mortgages. We also help lots of people with Bad Credit mortgages.

There are lenders out there that will potentially accept both. However, having bad credit and being a Supply teacher will make your mortgage more complicated.

Therefore, it’s best to speak to a specialist. First of all it’s worth checking your credit file, we recommend Checkmyfile for this. Once you’ve found out how bad it is, when it was and what it was for you’ll have a better idea of your options.

If you’re struggling with this speak to your Bank, or a specialist Teacher Mortgage advisor.

Types Of Supply Teacher Mortgage

Fixed Rate Supply Teacher Mortgage

Fixed Rate mortgages offer a fixed rate of interest for a set amount of time. This therefore means that your monthly mortgage payment is also fixed.

This is the most common type of Mortgage used for a residential property.

This type of mortgage often has an early repayment charge if you try to pay off the mortgage during the fixed rate period. This can make them less flexible.

Variable Rate Supply Teacher Mortgage

Variable rate mortgages will have an interest rate that can go up or down depending on either the Bank of England base rate or the lenders variable rate.

This therefore means your monthly payments can also go up or down.

Often this type of mortgage will not have an early repayment charge, therefore making them more flexible.

What schemes are available for Supply Teachers?

There are a few schemes for Supply Teachers currently. We detail them all in our Teachers Mortgage schemes page.

Joint Borrower Sole Proprietor Scheme

The JBSP mortgage scheme allows someone to borrow more based on a family members income. This is usually used by parents to help their children get on the property ladder. It can be particularly valuable for Supply Teachers as your income is less stable, having someone else on the mortgage can be helpful. The person that goes on the mortgage with you is not an owner of the property, and is just going on the mortgage to increase how much you can borrow.

Shared Ownership Scheme

The government shared ownership scheme allows you to part rent, part buy your home. This means you can usually get on the property ladder with less deposit or less income. Shared ownership is widely available so it makes for one of the more popular schemes around. With shared ownership you will pay rent for the share of the property you don’t own, and a mortgage on the part you do own.

First Homes Scheme

The first homes scheme offers a minimum 30% discount on eligible new build properties to first time buyers and key workers. This scheme has a lot of potential, but has not been widely available since it’s release. Unfortunately this makes it very difficult to use, as it is rarely available on a property near where people are wanting to live or work.

Got a question we haven’t answered? Maybe we do on our main Teacher page or Newly Qualified Teacher page.

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Supply Teacher Mortgage