How much can you borrow on a £30,000 salary?
On an income of £30,000, mainstream UK lenders typically offer somewhere between £120,000 and £135,000. Your real figure depends on your deposit, credit and commitments.
Typical lower
£120,000
Typical higher
£135,000
Example target price
£150,000
Most lenders work to an income multiple of around 4 to 4.5 times your salary. On £30,000 that points to roughly £120,000 to £135,000 of borrowing. Some lenders go higher for strong profiles, and some lower if your commitments are high, so treat this as a starting point rather than a promise.
To buy a home around £150,000 with a 10 percent deposit, you would aim for about £15,000 saved. A larger deposit usually unlocks better rates and more lender options, which is why your deposit is the single biggest driver of your Mortgage Ready Score.
What actually decides your figure
- Your deposit size against the property price.
- Monthly commitments such as loans, cards and car finance.
- Your credit history and how you manage existing accounts.
- Employment type and how long you have been in your role.
The fastest way to see where you stand on £30,000 is to get your Mortgage Ready Score. It turns your income, deposit and credit into a single number, a deposit gap and a timeline, with the exact next moves to improve.
Other salaries
Mortgage Ready Score provides educational guidance and financial preparation, not regulated mortgage advice. Final lending decisions are made by lenders.