Mortgage Broker Salary in the UK

£37,600
per year
per month
£2,430
per month
per year
Bonus
£4,780/year
Commission
£7,240/year
Bonus
£310/month
Commission
£470/month

Mortgage Broker - Average Salary

The average salary for a Mortgage Broker is £37,600 gross per year (£2,430 net per month), which is £8,000 (+27%) higher than the UK's national average salary.
A Mortgage Broker can expect an average starting salary of £18,600. The highest salaries can exceed £70,000.
£18,600
Low
£37,600
Average salary
£70,000
High
£1,350
Low
£2,430
Average salary
£4,090
High
Total compensation includes salary, bonus and commission.
£0
£53,800
£107,560
Base Salary£18,600 - 70,000
Bonus£0 - 15,460
Commission£0 - 22,100
Total Compensation£18,600 - 107,560
£0
£3,260
£6,520
Base Salary£1,350 - 4,090
Bonus£0 - 1,000
Commission£0 - 1,430
Total Compensation£1,350 - 6,520

Mortgage Broker Salary Range

Low
£18,600
Average salary
£37,600
Senior
£49,400
High
£70,000
Low
£1,350
Average salary
£2,430
Senior
£3,090
High
£4,090

Mortgage Broker - Salary Differences

JobSalaryDifference
Self Employed Mortgage Broker£46K/year
+21% 
Commercial Mortgage Broker£41K/year
+8% 

Mortgage Broker - Pay by Experience Level

An Entry Level Mortgage Broker with less than three years of experience can expect to earn an average total compensation of £24,800 gross per year. A mid career Mortgage Broker with 4-9 years of experience earns an average total compensation of £36,300, while a Senior Mortgage Broker with 10-20 years of experience makes on average £49,400. Mortgage Brokers with more than 20 years of experience earn £52,400 on average.

How Work Experience Affects the Salary of a Mortgage Broker

Late Career▲ +39%
Senior▲ +31%
Average Salary£37,600/year
Mid Career▼ -3%
Entry Level▼ -34%

Gender Breakdown

Female
46%
Male
54%

Mortgage Broker - Jobs by Location

Mortgage Broker - Related Salaries

The salary information presented on this page is based on all Mortgage Broker jobs published on Jobted in the last 12 months.
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Frequently asked questions about the salary of the Mortgage Broker

How much does a Mortgage Broker make in the UK?
A Mortgage Broker in the UK earns an average of £37,600 gross per year, which is about £2,430 net per month. Everything you need to know about the salary of the Mortgage Broker updated to 2024.
What is the starting salary for a Mortgage Broker in the UK?
The starting salary of a Mortgage Broker in the UK is around £18,600 gross per year.
What is the highest salary for a Mortgage Broker in the UK?
The highest salary of a Mortgage Broker in the UK can reach and exceed £70,000 gross per year.
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