How much do I need to earn to get a mortgage?
This is a guide to how much a mortgage lender may lend you based on a multiple of 4.49 times of your income, either single or joint.
Some lenders will use a multiple of 5.0 times at around £80,000 – £100,000 of income.
Note: many factors affect how much a lender will offer. Your credit commitments are a major one, so any loans, credit cards or the number of children you have will likely reduce the amounts offered.
For a more detailed quote get in touch and we can generate a Mortgage In Principle that will specify what a particular lender will offer.
Mortgage amount
£ 50,000
£ 75,000
£100,000
£125,000
£150,000
£175,000
£200,000
£225,000
£250,000
£275,000
£300,000
£325,000
£350,000
£375,000
£400,000
£425,000
£450,000
£475,000
£500,000
Annual Income
£11,135
£16,703
£22,271
£27,839
£33,407
£38,975
£44,543
£50,111
£55,679
£61,247
£66,815
£72,383
£77,951
£83,518
£89,086
£94,654
£100,222
£105,790
£111,358
