Mortgage Affordability

Firefighter Mortgages: How Much Can I Borrow?

As a firefighter, you have a stable, professional career that is widely respected by lenders. This can sometimes give you access to better borrowing terms or specific "professional" mortgage products.

Standard Multipliers (4.5x vs Higher)

Most high-street lenders cap borrowing at 4.49x or 4.5x your single or joint income. However, some lenders may offer enhanced multipliers (up to 5.5x or even higher) for key workers and professionals with clear career progression steps—like the firefighter role map (Development, Competent, Crew, Watch, etc.).

Including Overtime and Allowances

One of the biggest challenges for firefighters is getting lenders to accept 100% of variable pay. This includes:

• Unsocial Hours / Shift Allowances: Often contractually guaranteed.
• CPD Payments: Regular annual payments for competence.
• Overtime / Pre-arranged Overtime: Variable and sometimes harder to prove as consistent.
• Rataing (Recall) Fees: For On-Call firefighters.

Specialist brokers or lenders who understand the "Grey Book" pay structure are often more willing to take an average of your last 3-6 months' payslips to evidence this income, rather than just your basic salary.

Do I Qualify for Key Worker Housing Schemes?

Yes, firefighters are classified as "Key Workers". This may make you eligible for schemes like First Homes (offering 30-50% discounts on new builds) or shared ownership options prioritized for essential services staff.