Can I afford a £200k house on a £30k salary in the UK?
Buying a £200k home on a £30k salary is one of the more achievable scenarios for UK first-time buyers. At 6.7 times your salary the raw multiple looks high, but with a reasonable deposit and modest monthly outgoings many lenders will still consider your application.
This is significantly above standard lending criteria. Consider a lower price or increasing your salary.
Personalise your calculation
Your salary is pre-filled. Add your monthly expenses, savings, and existing debts for a complete picture.
Your finances
Adjust the sliders to match your situation
Your gross (pre-tax) annual income
Bills, food, subscriptions, travel, etc.
Monthly loan, credit card, or other debt payments
Your total savings (helps with deposits)
Your affordability
Results update as you type
Your affordability is broadly in line with the UK average
You are well-positioned to afford a home, rent, or car within the typical UK range. Small improvements to expenses or savings will open up more options.
Safe monthly disposable income
After expenses and debt, you have around £1,350 left each month — with a 10% safety buffer built in.
Home you could realistically afford
You could realistically afford a home worth around £173k based on your salary, savings, and financial position.
Most UK buyers with a similar income typically purchase between £152k and £193k
Recommended rent budget
A monthly rent of up to £875 would keep your finances healthy, based on the 30–35% income rule.
Car budget
You could comfortably afford a car between £3.0k and £4.5k. Staying closer to the lower figure keeps more budget for savings.
Based on typical UK lending criteria and affordability guidelines. This is an estimate, not financial advice.
What the numbers mean for you
Standard lending multiple: Most UK mortgage lenders will lend between 4 and 4.5 times your annual salary. On a salary of £30.0k, that translates to a maximum mortgage of roughly £120k to £135k.
The £200k property: This home is 6.7 times your annual salary. This exceeds the standard lending multiple. You will need either a significant deposit or to explore specialist lending options.
Deposit strategy: You will likely need a deposit of 20–25% or more to meet lender requirements.
Which lenders to approach: Specialist lenders or a dedicated mortgage broker will be important in finding a suitable deal.
Other factors that affect lending: Credit score, employment type, existing debts, number of dependants, and monthly expenditure all influence what you can borrow. Speaking to an independent mortgage broker gives you the clearest picture of your real options.
Ready to take the next step?
Use your affordability numbers to compare real mortgage deals or get personalised advice from a fee-free broker.
No sign-up required. Free to use. Not financial advice.
Related affordability questions
Explore similar salary and house price combinations to see how your scenario compares.
Related affordability questions
Explore more UK affordability scenarios tailored to different salaries and locations.