How much can you borrow on a £75,000 salary?

Most lenders work to an income multiple of around 4 to 4.5 times your salary. On £75,000 that points to roughly £300,000 to £337,500 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 £375,000 with a 10 percent deposit, you would aim for about £37,500 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.

From £75,000 a year to a figure each month

Before viewing a single property, it helps to know what the borrowing would actually cost you every month. Applying the standard 25 year repayment calculation to both ends of the typical range, £300,000 at the 4x end and £337,500 at 4.5x, gives the illustrations below at three sample rates. They are arithmetic, not offers: deposit, credit record and the market on the day set your true rate.

What should jump out is how much the rate matters at this loan size: £394 a month separates the 4 percent and 6 percent rows on the larger loan. Chasing a better rate through a stronger deposit and a tidier credit file is usually the highest value work a buyer on £75,000 can do.

What your deposit decides when you earn £75,000

Hold the loan steady at the full 4.5 times multiple, £337,500, and vary only the deposit. The price you can pursue moves like this:

The ladder cuts both ways: every extra slice of deposit lifts your price range and simultaneously improves your loan to value, which is the lever that tends to unlock better rates. Budget separately for conveyancing, survey and moving costs so they never eat into the deposit itself.

Adding a partner's income to £75,000

Joint applications are assessed on combined income, so the arithmetic changes quickly. If you and a partner both earned £75,000, a combined income of £150,000 points to roughly £600,000 to £675,000 of borrowing. Even a second income of half that, £37,500, lifts the household to £112,500 and a typical range of £450,000 to £506,250. Both credit files count on a joint application, so the weaker file tends to shape the deal you are offered.

Reading the numbers on £75,000 and above

At the top of our salary range the income multiple is rarely the first constraint. A 4.5x multiple reaches £337,500, so the real questions become the deposit you can put beside a loan that size and the monthly cash flow you are comfortable committing. The illustrations above show that even at the middle rate, servicing the larger loan costs £1,973 a month over 25 years, and lenders will typically stress test your outgoings at rates above the one you actually pay.

Higher earners also face closer scrutiny of how income is made up. Bonuses, commission and variable pay are treated differently from basic salary, and each lender takes its own view on how much of them to count, so two lenders can reach meaningfully different figures from the same payslips. Self employed and contractor income at this level usually needs a longer evidence trail. The other quiet factor is proportionality: on a purchase this size, the transaction costs around the deposit, legal work, survey and tax are substantial in cash terms, so build them into the savings target rather than discovering them late. The score breaks your position into deposit, affordability and credit so you can see which lever is worth pulling first.

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 £75,000 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.