30th March 2026
How Much Can You Really Borrow in 2026?
One of the most common questions we’re asked is: “How much can I actually borrow?”
With mortgage rates changing and the cost of living still a factor, many buyers
(particularly first-time buyers) want to understand what’s realistically affordable before
they start viewing homes.
As a guide, most lenders offer between 4 and 4.5 times your income. So, if you earn
£30,000, you might expect to borrow around £120,000–£135,000.
There are exceptions, though. Some lenders offer enhanced borrowing—up to 5 or
even 5.5 times income—for certain professions such as teachers, NHS staff, or newly
qualified professionals. This isn’t available to everyone, but it can make a real
difference if you qualify.
That said, income is only part of the story.
Lenders also look closely at your monthly outgoings—things like childcare, loans, car
finance and credit cards. Two people earning the same salary can be offered very
different amounts depending on their circumstances.
Your deposit is another key factor. A larger deposit can improve your chances of
approval and help you access better rates.
Online calculators can be a useful starting point, but they don’t factor in lender criteria
or the smaller details that can influence a decision.
The key takeaway? Just because you can borrow a certain amount doesn’t always mean
you should. It’s about finding a level that’s comfortable for you.
If you’re thinking about buying and want a clearer idea of what you could borrow, we’re
able to offer next day discovery appointments —no pressure, just honest advice.