How much does a Mortgage Underwriter make?

Updated 29 Jul 2021
£26,870 /yr
Average Base Pay

98 salaries

£19K

Low

£27K

Average

£37K

High

No additional cash compensation has been reported for this role

The national average salary for a Mortgage Underwriter is £26,870 per year in United Kingdom. Filter by location to see Mortgage Underwriter salaries in your area. Salaries estimates are based on 98 salaries submitted anonymously to Glassdoor by Mortgage Underwriter employees.

Seniority Levels

L2
Underwriter£34,260 /yr
L3
Senior Underwriter£57,047 /yr
L4
Underwriter Iv£36,255 /yr
Career Path

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Related Job Titles

Mortgage Underwriter II

£36,255

per year

Senior Mortgage Underwriter

£33,571

per year

DE MORTGAGE UNDERWRITER

£33,177

per year

Junior Underwriter

£36,255

per year

Salaries in United Kingdom

Location

or

Find a Specific Employer

Sort:

Company

Average Base Salary in (GBP)

Range

Yorkshire Building Society
3.9

Yorkshire Building Society

Mortgage Underwriter

£24,179

 /yr
Range: £20K - £26K
10 salaries
See 10 salaries from all locations

£20K

£26K

£20,286 - £25,826 Range

Lloyds Banking Group
3.9

Lloyds Banking Group

Mortgage Underwriter

£32,416

 /yr
Range: £24K - £45K

£24K

£45K

£23,808 - £44,531 Range

NatWest Group
3.9

NatWest Group

Mortgage Underwriter

£22,232

 /yr
Range: £22K - £30K

£22K

£30K

£22,006 - £29,861 Range

Nationwide Building Society
4

Nationwide Building Society

Mortgage Underwriter

£22,774

 /yr
Range: £18K - £30K

£18K

£30K

£18,481 - £29,750 Range

Aldermore Bank
3.3

Aldermore Bank

Mortgage Underwriter

£27,465

 /yr
Range: £25K - £30K

£25K

£30K

£25,371 - £30,218 Range

Santander
3.6

Santander

Mortgage Underwriter

£28,148

 /yr
Range: £18K - £34K

£18K

£34K

£18,381 - £33,699 Range

Metro Bank
5

Metro Bank

Mortgage Underwriter

£36,689

 /yr
Range: £36K - £46K

£36K

£46K

£35,741 - £46,336 Range

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Leeds Building Society
4

Leeds Building Society

Mortgage Underwriter

£21,381

 /yr
Range: £20K - £27K

£20K

£27K

£20,461 - £26,767 Range

Barclays
4

Barclays

Mortgage Underwriter

£25,814

 /yr
Range: £24K - £29K

£24K

£29K

£24,419 - £29,243 Range

TSB Bank
3.4

TSB Bank

Mortgage Underwriter

£22,221

 /yr
Range: £22K - £25K

£22K

£25K

£22,032 - £24,713 Range

Virgin Money
3.2

Virgin Money

Mortgage Underwriter

£20,000

 /yr
Range: £20K - £24K

£20K

£24K

£19,987 - £24,360 Range

Coventry Building Society
3.7

Coventry Building Society

Mortgage Underwriter

£19,314

 /yr
Range: £19K - £20K

£19K

£20K

£18,535 - £19,596 Range

Charter Court Financial Services

Mortgage Underwriter

£25,459

 /yr
Range: £25K - £26K

£25K

£26K

£25,000 - £25,720 Range

HSBC Holdings
3.7

HSBC Holdings

Mortgage Underwriter
About 

£19K -£22K

£19K

£22K

£19,015 - £22,412 Range

Skipton Building Society
4.2

Skipton Building Society

Mortgage Underwriter
About 

£18K -£22K

£18K

£22K

£18,116 - £21,554 Range

Bank of Ireland
3.5

Bank of Ireland

Mortgage Underwriter
About 

£28K -£34K

£28K

£34K

£28,227 - £34,353 Range

Secure Trust Bank
4

Secure Trust Bank

Mortgage Underwriter
About 

£30K -£36K

£30K

£36K

£29,505 - £35,754 Range

Evolution Money
4.2

Evolution Money

Mortgage Underwriter
About 

£28K -£31K

£28K

£31K

£28,313 - £30,723 Range

HSBC Holdings
3.7

HSBC Holdings

Mortgage Underwriter
About 

£33K -£36K

£33K

£36K

£33,398 - £35,876 Range

Nationwide Building Society
4

Nationwide Building Society

Mortgage Underwriter
About 

£12K -£13K

£12K

£13K

£12,298 - £13,333 Range

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Frequently asked questions about a Mortgage Underwriter salaries

The national average salary for a a Mortgage Underwriter is £26,870 per year in United Kingdom. Filter by location to see a Mortgage Underwriter salaries in your area. Salaries estimates are based on 98 salaries submitted anonymously to Glassdoor by a Mortgage Underwriter employees.

The highest salary for a a Mortgage Underwriter in United Kingdom is £37,103 per year.

The lowest salary for a a Mortgage Underwriter in United Kingdom is £19,459 per year.

Recent Salary Reports

Below are the most recent mortgage underwriter salary reports. Employer name has been removed to protect anonymity.

£25,000
per year
A Mortgage Underwriter in the Wolverhampton Area area reported making £25,000 per year
Job Highlights
3-4 years experience
Wolverhampton Area area
Full-time
 
501 to 1000 employees
Company - Public
£38,200
per year
An Information Governance Officer in the London Area area reported making £38,200 per year
Job Highlights
5-7 years experience
London Area area
Full-time
 
5001 to 10000 employees
Government
£50,000
per year
A Commercial Underwriter in the London Area area reported making £50,000 per year
Additional Pay
£12 cash bonus
Job Highlights
3-4 years experience
London Area area
Full-time
 
10000+ employees
Company - Public
£26,500
per year
An Underwriter in the London Area area reported making £26,500 per year
Additional Pay
£498 cash bonus
Job Highlights
1-2 years experience
London Area area
 
Full-time
201 to 500 employees
£21,000
per year
An Underwriter in the Glasgow Area area reported making £21,000 per year
Additional Pay
£8 profit sharing
Job Highlights
3-4 years experience
Glasgow Area area
Full-time
 
10000+ employees
Company - Public
£17,000
per year
An Underwriter in the Leeds Area area reported making £17,000 per year
Job Highlights
3-4 years experience
Leeds Area area
Part-time
 
51 to 200 employees
Company - Private
£48,000
per year
An Underwriter in the London Area area reported making £48,000 per year
Job Highlights
10+ years experience
London Area area
Full-time
 
1001 to 5000 employees
Company - Public
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