How Much Can I Borrow on a £30,000 Salary?
On a £30,000 salary, UK mortgage lenders typically offer between £134,700 and £165,000. That £30,300 gap means finding the right lender could put an entirely different type of property within your reach. For first-time buyers earning £30k, much of the UK is accessible with the right deposit.
What Mortgage Can I Get on a £30,000 Salary?
On a £30,000 salary, UK mortgage lenders typically offer between £134,700 and £165,000 for a single applicant on a 25-year repayment mortgage. How much mortgage you can afford on 30k depends on the lender: most work to a standard 4.49× income multiple (£134,700), while Principality BS's first-time-buyer route reaches 5.5× (£165,000).
Whether you search "what mortgage can I afford on 30k" or "I earn £30,000 a year, what mortgage can I get", you're asking the same thing lenders each answer differently. The table below shows what the top 15 recognisable lenders would offer a single applicant earning £30,000, sorted highest to lowest. All figures are subject to lender criteria, affordability and credit assessment.
What Real Lenders Offer on a £30,000 Salary
We checked each lender's affordability calculator for a single employed applicant on a 25-year repayment term with no additional debts. Here are the top 15 recognisable lenders, sorted from highest to lowest.
| Lender | Max Borrowing |
|---|---|
| Leeds BS | £165,000 |
| NatWest | £165,000 |
| Principality BS | £165,000 |
| Bath BS | £150,000 |
| Darlington BS | £150,000 |
| Accord Mortgages | £134,700 |
| Aldermore | £134,700 |
| Barclays | £134,700 |
| Coventry BS | £134,700 |
| Cumberland BS | £134,700 |
| Halifax | £134,700 |
| HSBC | £134,700 |
| HSBC Premier | £134,700 |
| Lloyds Bank | £134,700 |
| Nationwide | £134,700 |
Based on each lender's affordability calculator, June 2026. Single employed applicant, 25-year repayment term, no additional debts. Figures are for illustration only — your actual offer depends on your full circumstances.
What If You Have Overtime or Bonuses?
Regular overtime or bonuses on top of £30k can meaningfully increase your borrowing. If you earn £4,000 in annual overtime, a lender accepting 100% of that would treat you as earning £34,000, adding up to £22,000 to your maximum mortgage. Bonuses are treated more cautiously, typically 25% to 60%, but still worth declaring.
What Could You Buy?
A larger deposit can unlock higher income multiples at some lenders. At 25% deposit, several lenders in the table above would offer even more. Use our calculator to check your exact figure with your specific deposit.
At £30k, the combination of a generous lender and even a modest deposit puts two- and three-bedroom properties within reach across much of the Midlands, North, and other regions. First-time buyer stamp duty is 0% up to £300,000 and 5% on the portion between £300,001 and £500,000, so at this salary level you will typically pay no stamp duty at all.
What Reduces Your Borrowing?
Existing debts chip away at your borrowing capacity:
- Credit card balances — lenders use 3% of the limit as a notional monthly payment, regardless of whether you carry a balance.
- Car finance — a £250/month PCP deal could cut your mortgage by £12,000 to £18,000.
- Student loans — on £30k you are now above the Plan 2 repayment threshold, so lenders will factor in the monthly deduction.
Buying with a Partner
Two applicants on £30k each gives a joint income of £60,000, potentially unlocking borrowing of £269,400 to £360,000. This opens up three-bedroom houses in many parts of the country and makes London and the South East more realistic for flats and smaller homes.
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Start Your Free ComparisonFrequently Asked Questions
How much can I borrow on a £30,000 salary?
On a £30,000 salary, UK mortgage lenders typically offer between £134,700 and £165,000. That £30,300 gap means finding the right lender could put an entirely different type of property within your reach. Principality BS offers the highest at £165,000 (a 5.5× first-time-buyer route), subject to lender criteria, affordability and credit assessment.
What mortgage can I get or afford on a £30,000 salary, and what if I earn £30,000 a year?
If you earn £30,000 a year, what mortgage you can get depends on which lender you apply to. Most lenders work to a standard 4.49× income multiple, offering £134,700. Principality BS's first-time-buyer route reaches 5.5×, offering up to £165,000, subject to lender criteria, affordability and credit assessment.
What can I buy with a £30k salary mortgage?
At £30k, the combination of a generous lender and even a modest deposit puts two- and three-bedroom properties within reach across much of the Midlands, North, and other regions. First-time buyer stamp duty relief applies on properties up to £500,000 — you pay 0% up to £300,000 and 5% on the portion from £300,001 to £500,000, so at £30k salary purchase levels you'll usually pay no stamp duty at all.
How much can two people borrow on £30k each?
Two applicants on £30k each gives a joint income of £60,000, potentially unlocking borrowing of £269,400 to £360,000. This opens up three-bedroom houses in many parts of the country and makes London and the South East more realistic for flats and smaller homes.
Next step in your buying journey
Ready to start the buying process?
Once you know what you can borrow, the next stages are getting mortgage ready, a Decision in Principle, and the property search. Our complete 11-stage buying guide walks you through everything from today to collecting the keys.
See the Full UK Home Buying Journey →
