Mortgage adviser | Average UK Salary & Outlook

Mortgage advisers help people find, and apply for mortgages.

Typical task
Working hours
Attractive values

Assess clients' overall financial situations by reviewing income, assets, debts, expenses, credit reports, or other financial information.
Create debt management plans, spending plans, or budgets to assist clients to meet financial goals.
Calculate clients' available monthly income to meet debt obligations.
Prioritize client debt

Assess clients' overall financial situations by reviewing income, assets, debts, expenses, credit reports, or other financial information.
Create debt management plans, spending plans, or budgets to assist clients to meet financial goals.
Calculate clients' available monthly income to meet debt obligations.
Prioritize client debt repayment to avoid dire consequences, such as bankruptcy or foreclosure or to reduce overall costs, such as by paying high-interest or short-term loans first.
Recommend strategies for clients to meet their financial goals, such as borrowing money through loans or loan programs, declaring bankruptcy, making budget adjustments, or enrolling in debt management plans.
Interview clients by telephone or in person to gather financial information.
Explain general financial topics to clients, such as credit report ratings, bankruptcy laws, consumer protection laws, wage attachments, or collection actions.
Advise clients on housing matters, such as housing rental, homeownership, mortgage delinquency, or foreclosure prevention.
Prepare written documents to establish contracts with or communicate financial recommendations to clients.
Explain services or policies to clients, such as debt management program rules, advantages and disadvantages of using services, or creditor concession policies.
Maintain or update records of client account activity, including financial transactions, counseling session notes, correspondence, document images, or client inquiries.
Advise clients or respond to inquiries about financial matters in person or via phone, email, Web site, or Internet chat.
Refer clients to social service or community resources for needs beyond those of credit or debt counseling.
Estimate time for debt repayment, given amount of debt, interest rates, and available funds.
Negotiate with creditors on behalf of clients to arrange for payment adjustments, interest rate reductions, time extensions, or payment plans.
Recommend educational materials or resources to clients on matters such as financial planning, budgeting, or credit.
Review changes to financial, family, or employment situations to determine whether changes to existing debt management plans, spending plans, or budgets are needed.
Create action plans to assist clients in obtaining permanent housing via rent or mortgage programs.
Teach courses or seminars on topics such as budgeting, management of personal finances, or financial literacy.
Explain loan information to clients, such as available loan types, eligibility requirements, or loan restrictions.
Conduct research to help clients avoid repossessions or foreclosures or remove levies or wage garnishments.
Investigate missing checks, payment histories, held funds, returned checks, or other related issues to resolve client or creditor problems.
Disburse funds from client accounts to creditors.

Average salary
42,248 GBP *
per year

Average salary for Mortgage adviser

Big gender gap

46,957 GBP
36,830 GBP

Average salary for part-time Mortgage adviser

Average salary for full-time Mortgage adviser

Showing:

19,743 GBP
19,486 GBP

42,248 GBP
36,830 GBP
46,957 GBP

Salary over time for Mortgage adviser

Salary for this role has increased over time

46,342 GBP
43,195 GBP
41,467 GBP
42,504 GBP
45,411 GBP
43,581 GBP
42,248 GBP
45,179 GBP
51,220 GBP

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Future outlook for Mortgage advisers

Poor outlook

581 000+ jobs available

Balanced outlook

1% yearly wage growth (on average)

Which qualifications do I need?

Find out what you need to know in order to become a Mortgage adviser and the highest average level of education for people in this role.

In terms of people already doing this job:

42% of people in this role have a Bachelor's degree
19% of people in this role have GCSEs or equivalent
19% of people in this role have a Diploma of Higher Education or equivalent

You'll need:

customer service skills
maths knowledge
the ability to accept criticism and work well under pressure
to be thorough and pay attention to detail
ambition and a desire to succeed
the ability to use your initiative
analytical thinking skills
excellent verbal communication skills
to be able to use a computer and the main software packages competently

Get the right qualification to begin your journey to becoming a Mortgage adviser

Financial Management

Concern for Others Job requires being sensitive to others' needs and feelings and being understanding and helpful on the job. Integrity Job requires being honest and ethical. Self Control Job requires maintaining composure, keeping emotions in check, controlling anger, and avoiding aggressive behavior, even in very difficult situations. Attention to Detail Job requires being careful about detail and thorough in completing work tasks. Dependability Job requires being reliable, responsible, and dependable, and fulfilling obligations.

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Mortgage adviser | Average UK Salary & Outlook

Salary statistics

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Future outlook for Mortgage advisers

Mortgage adviser - Your future job?

Which qualifications do I need?

Things to highlight for your Mortgage adviser interview

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