Average Entry-Level Mortgage Broker Salary in United Kingdom

£23,471
Avg. Base Salary (GBP)
10%
£19k
MEDIAN
£23k
90%
£28k

The average salary for a Mortgage Broker is £23,471 in 2025

Base Salary
£19k - £28k
Bonus
£0 - £4k
Commission
£0 - £4k
Total Pay
£19k - £33k
Is Average Entry-Level Mortgage Broker Salary in United Kingdom your job title? Find out what you should be paid
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What is the Pay by Experience Level for Mortgage Brokers?

What Do Mortgage Brokers Do?

Mortgage Broker Tasks
  • Interview and document credit, income, and financial history of clients.
  • Deploy marketing and sales strategies to attract new clients.
  • Mediate between the prospective homebuyer and the lending institution to underwrite and structure financial solutions.
  • Assess local mortgage market to find deals for client.
  • Apply for loans on behalf of borrower and collect documentation to pre-approve client.
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FAQs About Mortgage Brokers

What is the highest pay for Mortgage Brokers?

Our data indicates that the highest pay for a Mortgage Broker is £28k / year

What is the lowest pay for Mortgage Brokers?

Our data indicates that the lowest pay for a Mortgage Broker is £19k / year

How can Mortgage Brokers increase their salary?

Increasing your pay as a Mortgage Broker is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Mortgage Broker that oversees more junior Mortgage Brokers, this experience can increase the likelihood to earn more.