Saving with Teachers helps teachers buy homes

Need To Know
  • New savings rates from 1 July 2022

Savings products that help fellow teachers

Without our savers, we couldn’t exist.

Building Societies have long worked on the basis of using collective savings deposits to support mortgage lending – we’re no different to other mutuals in that respect. But there is something unique about our savings that you might not know. Because we’re a specialist teacher mortgage lender, when you chose to save with us you are directly helping us lend to more teachers so they can buy their first homes. We think that’s something special. 

Savings for teachers

Working in education? We have a range of savings account for you

Savings for everyone

Help us help teachers by saving with us

Savings for corporate, charitable and educational organisations

Savings for your organisation that support teachers too

Savings rates for older accounts

Need to check a rate for an older account?

Saving with Teachers helps teachers buy homes

We’re not using your savings simply to make profits, or to enrich shareholders (we actually don’t have any of those). We are helping teachers, teachers like you, like the ones who taught you, or the ones who teach today’s children to buy a home. And the more of you who make the decision to save with us, the more teacher first time buyers with smaller mortgage deposits we can help.

Who can save with us

Because the more savings we’re trusted with, the more we can lend to teachers, our accounts are open to savers of any profession. We also have a range of savings accounts suitable for charities, community fundraising associations and for incorporated businesses too.

Protection for your savings

Your eligible deposits with Teachers Building Society are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS), the UK's deposit guarantee scheme. This limit is applied to the total amount you hold with Teachers Building Society. Any total deposits you hold above this £85,000 limit are unlikely to be covered.

For further information on FSCS and on eligibility for the FSCS, visit www.fscs.org.uk

Happy to help

We’re happy to chat things through, give us a call

0800 783 2367