Teachers launches joint borrower sole proprietor mortgage
By Roger Baird 16
th February 2021 11:37 am
Teachers for Intermediaries has launched a new joint borrower sole proprietor mortgage, aimed at first-time buyers.
The specialist intermediary lending arm of Teachers Building Society says the product is designed to help young potential homeowners “onto the property ladder with family support”.
The residential mortgage has a maximum 80 per cent loan to value, loan size £20,000 to £1.5m, with rates ranging from 2.90 per cent to 3.40 per cent.
The firm allows a maximum of four people per application, with a maximum of two providing financial support.
Wimborne-based Teachers says this mortgage allows “parents and grandparents to join their child or grandchild on a mortgage by including their income in the affordability assessment, increasing the overall amount that can be borrowed”.
3 February 2021 • 12:02am
When schools reopen, longer school days could help pupils who may have suffered setbacks in lockdown to catch up
Credit: Jacob King/PA
SIR – As a schoolmaster of 34 years, I recognise the challenge that both educators and learners are facing over “lost schooling” (report, February 1) – but it is not an insurmountable one.
One enviable benefit of independent education is that many independent schools have much longer working days than state schools, and some also provide lessons on Saturdays.
Extending the school day to 5pm would mean, for some schools, the equivalent of two extra days of teaching a week. This would enable a rapid catch-up. Saturday school could be offered for those requiring more support, with additional funding provided to reward teachers’ work.
In response to the increasingly bellicose, illogical, ill-informed and sometimes seditious opinions being bandied about, government spokespersons are now threatening citizens with the “full wrath of the law” if they insist on holding opinions contrary to their official positions on matters. It remains a mystery how the powers that be fail to understand the relationship […]
TODAY
February 1, 2021
The Nigeria Union of Teachers (NUT), Edo State Wing, has defied today (Monday)’s resumption order of Governor Godwin Obaseki by asking parents and guardians to keep their children and wards from public primary schools.
It insisted that the indefinite strike started by Edo primary school teachers on January 18 was still in force.
Edo NUT, on Sunday in a statement by its Chairman, Pius Okhueleigbe, Assistant Secretary-General Mike Itua and three other members of the executive, said the union was resolute in ensuring that freedom for displeased primary school teachers must be now or never.
The statement said Edo NUT had not called off the indefinite strike, urging the public to ignore the misinformation and propaganda of the Obaseki administration.
Notwithstanding the threat by the state government to enforce the "No Work, No Pay" policy, the Edo State branch of the Nigeria Union of Teachers (NUT)