NQT Mortgage Advice in Coventry

Many schools now only offer Newly Qualified Teachers (NQT’s) a 12-month initial contract as standard. This can prove a problem for many Teachers if they want to buy a property. This is because most of the high street mortgage lenders will class them as a “contract worker”. As such teacher mortgages will require you to have 12 months in the role.

Fortunately, some smaller lenders are more sympathetic to this situation and will consider an application without a 12-month history.

Things to consider:

  • No previous employment history required (so it’s fine if you have been studying up until now)
  • A 12-month first post-contract can be treated the same as a permanent role
  • Mortgages available up to one month before the start of the first contract (so you can apply in the August for example)
  • Up to 95% loan to value


Trying to get mortgages for Newly Qualified Teachers can be stressful, especially if you are a first time buyer in Coventry too. We want to help you, get in touch with a specialist mortage advisor in Coventry today to discuss all of your mortgage options.

Date Last Edited: January 21, 2025