Why ‘Mortgages in Schools’ Matters to you Now

Why “Mortgages in Schools” Matters to You Now

The UK government has announced that, from September 2028, financial education will become a compulsory part of the school curriculum in England. Pupils will be taught about key topics such as budgeting, mortgages, savings and the responsibilities of borrowing.

While this change is targeted at the next generation, it has important implications for today’s homeowners and prospective buyers too, and that’s where we at Prospect Tree step in to help.

What’s Changing and Why It’s Significant

Under the reforms, schools will introduce financial literacy lessons in primary and secondary phases. These will cover areas such as how mortgages work, how interest builds, the long-term implications of borrowing and the mechanics of homeownership, the curriculum changes are planned and will likely roll out from 2028.

Why does this matter for you now?

Because it shines a light on the fact that home-buying and mortgage advice are increasingly seen as core life skills, not niche topics. It means:

Financial-behaviour expectations are rising, including around borrowing wisely and preparing financially.

Your children or younger family members may come into conversations about borrowing, home-ownership or credit earlier.

The market and lender expectations may gradually evolve as a generation becomes more financially aware.

In short, the announcement creates a strong reminder: if you are buying, remortgaging or planning financially, it’s wise to act with clarity and purpose.

What This Means for PTM Clients

For First-Time Buyers

Knowing that mortgages will be part of future schooling highlights how important it is to get the fundamentals right early, deposit planning, understanding monthly repayments, knowing the difference between fixed and variable rates and being clear about future affordability. Our role is to guide you through this from day one.

For Home Movers & Remortgagers

Whether you’re moving home or your fixed rate is ending, the awareness raised by these curriculum changes brings into focus the importance of reviewing your mortgage in the context of your entire financial picture: income, outgoings, lifestyle, future changes. We can help you model scenarios and act in good time.

For Families & Future Generations

If you have children or younger relatives, the fact they’ll be taught about mortgages means you may start a conversation sooner about property, borrowing or savings. As the adviser your family trusts, you can also help younger family members understand their options, and we can support you and them with family-friendly advice.

How PTM Can Help You Today

With the curriculum announcement in mind, PTM offers the following services:

Tailored affordability reviews: We assess your borrowing capacity now and consider how future costs (interest rate changes, living costs, evolving household needs) might impact you.

Clear advice on product choice: Understanding how different mortgages work is vital, just as children will be taught. We explain in plain English, so you make informed decisions.

Holistic planning: Because mortgages don’t sit in isolation, we take into account your aims, whether moving, remortgaging or helping family members, so you’re not taken by surprise.

Strategic timing: With more people becoming financially literate, planning ahead becomes even more important. We help you act at the right time rather than reacting.

The Bottom Line

The fact that mortgages and borrowing will become a formal part of the school curriculum from 2028 is a significant signal: financial literacy matters and borrowing smartly matters. While the change is aimed at younger people, the implications are very much relevant to you as a homeowner, buyer or planner today.

If you’re thinking about buying, moving, remortgaging, or simply want to ensure you’re on the right track, get in touch with PTM. We’ll help you navigate the process with confidence, avoiding pitfalls and making sure you’re set up for the long term.

Your home may be repossessed if you do not keep up repayments on your mortgage. The information contained within was correct at time of publication but is subject to change (published 5 November 2025).