Teachers launches new products

James Bawa, chief executive of Teachers Building Society, said: “We are on the cusp of the busy school summer break, traditionally a time when a large number of teachers, including those newly qualified will be buying a new home.

“Our new 90% fixed rate mortgage is designed to ensure we have both fixed and variable rate deals available at all LTVs, including those aimed at people able to put down only a small deposit.

“We are committed to offering a range of good value products to teachers in England and Wales, as well as local residents, and these new products are all part of that process.”