How Much Can I Borrow?

how much can i borrow

How do mortgage lenders decide how much you can borrow?

Your salary will have a big impact on the amount you can borrow for a mortgage. Usually, banks and building societies will offer between three and four-and-a-half times the annual income of you and anyone you are buying with. This means if you're buying alone and earn £30,000 a year, you could be offered anything between £90,000 and £135,000. There are exceptions to this, however, especially if you work in a certain profession. Some mortgage providers will lend doctors, dentists, and other professionals up to six times their annual income.

This information is a guide and should not be relied on as a recommendation or advice, that any mortgage is suitable for you

All mortgages are subject to the applicants meeting the eligibility criteria on the specific lender

You should make an appointment to receive mortgage advice which will be based on your needs and circumstances

Try one of our other calculators


Use our mortgage repayment calculator to work out how much your monthly mortgage payments will be based on loan size, term, interest rate and fees.


Use our 95% mortgage calculator to work out how much you'll be able to borrow with a 5% deposit.