How much can I borrow for a mortgage in the UK?

Most UK lenders offer 4–4.5 times your annual income, though some stretch to 5–5.5× for higher earners. A household earning £60,000 could typically borrow £240,000–£270,000. Use our affordability calculator for a personalised estimate.

How much stamp duty will I pay?

Stamp duty in England and Northern Ireland starts at 0% on the first £250,000 (£425,000 for first-time buyers). Rates then rise in bands from 5% to 12%. Scotland and Wales have their own systems (LBTT and LTT respectively).

Should I get a fixed or variable rate mortgage?

Fixed rates provide payment certainty for 2–5 years, which suits most borrowers. Variable/tracker rates can be cheaper initially but expose you to rate rises. Choose based on your appetite for risk and how long you plan to stay.

What deposit do I need to buy a house in the UK?

The minimum is typically 5% of the purchase price, though 10–15% unlocks significantly better interest rates. A 20% deposit avoids higher lending charges entirely. Government schemes can help first-time buyers with smaller deposits.

Mortgages & Property – Calculators, Guides & Housing Data (UK)

Whether you're a first-time buyer, remortgaging, or exploring buy-to-let, our UK mortgage calculators, guides, and housing data have you covered.

Mortgage Calculators

Mortgage Payment Calculator

Estimate your monthly mortgage payments by loan amount, rate & term.

Mortgage Affordability Calculator

Find out how much you could borrow based on your income and outgoings.

Mortgage Overpayment Calculator

See how overpaying your mortgage can save interest and shorten your term.

Stamp Duty Calculator

Calculate SDLT (England), LBTT (Scotland), or LTT (Wales) on your purchase.

Buy-to-Let Mortgage Calculator

Estimate payments and rental yield for investment properties.

Interest-Only Mortgage Calculator

Compare interest-only vs repayment mortgage costs.

Equity Release Calculator

Estimate how much equity you could release from your home.

Buying Guides

First-Time Buyer Schemes

Government schemes to help first-time buyers get on the property ladder.

Help to Buy Equity Loan

How the Help to Buy scheme works, eligibility, and regional limits.

Mortgage Types Explained

Fixed, variable, tracker, offset & more—which UK mortgage type suits you?

UK Mortgage Rate History

Historical UK mortgage rates and Bank of England base rate trends.

Housing Market Data

House Prices by Region

Average house prices across England, Scotland, Wales & Northern Ireland.

Rent by Region

Average rental costs across UK regions and major cities.

Written by WealthVieu

WealthVieu researches and writes data-driven personal finance guides using primary sources including the IRS, Bureau of Labor Statistics, Federal Reserve, and Census Bureau.

The content on Wealthvieu is for informational purposes only and should not be considered financial, tax, or investment advice. Consult a qualified professional before making financial decisions. Full disclaimer · Editorial policy