Average Mortgage Advisor Salary

The average Mortgage Advisor salary in UK is £39,663.74
The hourly average pay for a Mortgage Advisor salary in UK is £19.07
The starting salary for a junior Mortgage Advisor in UK is £15,000.00 per year or £7.21 per hour

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What does a Mortgage Advisor earn?

Mortgage advisors in the UK usually earn an average of £39,700 annually. They work with clients to help find the most suitable mortgage to buy a property or remortgage an existing one. Mortgage advisors are also responsible for helping clients understand their financial obligations and ensure they are making the right decision. Mortgage advisors typically have vast product knowledge and can provide advice on a range of issue including home insurance and payment protection insurance.

How to earn more as a Mortgage Advisor

To become a mortgage advisor, you will need a specialist qualification such as the Certificate in Mortgage Advice and Practice. Alternatively, you can gain valuable experience by undertaking an apprenticeship with an estate agent or financial services provider. To take your career to the next level and earn more, you can become a mortgage specialist, such as an underwriter or lender, or look into the different roles of a mortgage broker. The most successful mortgage advisors can make over £71,000 a year.

Average Salary: £39,663.74

Min: £15,000.00 Max: £71,000.00

Average Mortgage Advisor Salary in UK : £39,663.74


Read about Mortgage Advisor salaries, related jobs and salary information across the UK

Mortgage Advisor Salary data from the ONS

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Salary by Region

Compare Mortgage Advisor salaries across different regions

Region Salary
Scotland £47,709.72
Wales £30,885.45
Northern Ireland £41,236.18
East Midlands £39,303.73
Eastern £41,548.46
London £53,926.01
North East £28,617.06
North West £32,215.42
South East £37,571.57
South West £36,075.96
West Midlands £42,015.08
Yorkshire and the Humber £32,437.17

Annual Job Ads by Region

Understanding the Average Mortgage Advisor Salary in the UK

As a Mortgage Advisor in the UK, it is important to have a clear understanding of the average salary in this field. The average salary for professionals in the finance industry can vary depending on factors such as experience, qualifications, and location. To get a better idea of the average salary for Mortgage Advisors, you can refer to the average Finance salaries in the UK.

Salary Expectations for Newly Qualified Mortgage Advisor

If you are a newly qualified Mortgage Advisor, it is essential to have realistic salary expectations. While the salary range can vary, you can get an idea of what to expect by exploring the current job market. You can start your search by visiting the job search section to find relevant job listings and their associated salary information.

Salaries for Experienced Mortgage Advisor

Experienced Mortgage Advisors in the UK can expect higher salaries compared to their newly qualified counterparts. With experience, you can negotiate for a higher salary based on your expertise and track record. To get an idea of the salary range for experienced Mortgage Advisors, it is recommended to research industry reports and consult with recruitment agencies.

Creating a Mortgage Advisor CV

When applying for a Mortgage Advisor position, having a well-crafted CV is crucial. Your CV should highlight your relevant skills, qualifications, and experience in the field. To create an effective CV, you can use a CV template specifically designed for Mortgage Advisors. This template will guide you in showcasing your strengths and increasing your chances of securing a job interview.

Career Development Opportunities for Mortgage Advisor

As a Mortgage Advisor, there are various career development opportunities available to enhance your skills and progress in your profession. To explore these opportunities, you can seek career advice from industry experts. They can provide guidance on certifications, further education, and networking opportunities that can help you advance in your career.

Comprehensive Compensation for Mortgage Advisor

Aside from the basic salary, Mortgage Advisors may also receive additional compensation such as bonuses, commissions, and benefits. The comprehensive compensation package can vary depending on the employer and individual performance. It is important to consider these factors when evaluating the overall financial benefits of a Mortgage Advisor position.

Strategies for Increasing Your Salary as a Mortgage Advisor

If you are looking to increase your salary as a Mortgage Advisor, there are several strategies you can employ. These include continuously updating your knowledge and skills, seeking additional qualifications, and demonstrating exceptional performance. By consistently delivering excellent results and staying ahead of industry trends, you can position yourself for salary advancements and promotions.

Professional Development and Earnings

Investing in your professional development as a Mortgage Advisor can have a direct impact on your earnings. By attending industry conferences, workshops, and training programs, you can expand your knowledge and expertise. This can lead to increased job opportunities and higher earning potential in the long run.

Capitalising on Extra Hours and Duties

As a Mortgage Advisor, there may be opportunities to take on extra hours or duties that can contribute to your overall earnings. This can include working on weekends or evenings to accommodate clients' schedules or taking on additional responsibilities such as managing a team. By capitalising on these opportunities, you can increase your income and demonstrate your dedication to your role.

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