Mortgage Broker Salary Information

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Mortgage Broker salary information, income percentile, mortgage affordability and more.

How much does a mortgage broker earn?

Annual salaries range from £20,100 to £40,104. Below is the full range of pay both before and after tax:

LowestAverageUpper
Pre-tax £20,100
(£1,675 p/mth)
£29,280
(£2,440 p/mth)
£40,104
(£3,342 p/mth)
Pre-tax Income Percentile 38th 63rd 80th
Post-tax £17,196
(£1,433 p/mth)
£23,448
(£1,954 p/mth)
£30,804
(£2,567 p/mth)
Post-tax Income Percentile 32nd 57th 74th
Percentage Tax Deduction 14% 20% 23%

Mortgage brokers work as intermediaries for people looking for mortgages and potential lenders. Brokers generally have a list of lenders and their respective offers and requirements. Then they work with loan seekers to match them with the lender that best suits their needs.

Compare the average salary of a mortgage broker to your salary:

£

Below are the range of mortgages typically affordable for a single applicant mortgage broker:

LowestAverageUpper
average gross salary£20,096£29,279£40,102
max mortgage£90,432£131,756£180,459
deposit paid£10,048£14,640£20,051
max purchase price£100,480£146,396£200,510
mortgage repayment p.mth (2.5%|25yr)£410£598£819

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