These figures give you a starting point based on basic Agenda for Change salaries. The real figure, once enhancement pay and regular overtime are added, could be significantly higher.
The figures below are based on the midpoint of each Agenda for Change band for 2024/25 in England. Borrowing figures are indicative only, based on a standard 4.5x income multiplier. The actual figure a lender will offer depends on your individual circumstances, outgoings, credit profile and which lender we match you to. Enhancement pay and regular bank shifts are not included in these base figures and for many NHS workers, those additions make a very significant difference.
| AFC Band | Typical Role Examples | Midpoint Salary | Indicative Borrowing (4.5x) |
|---|---|---|---|
| Band 2 | Healthcare Assistant, Domestic, Porter | £23,615 | Up to £106,267 |
| Band 3 | Senior HCA, Medical Secretary, Administrator | £25,147 | Up to £113,161 |
| Band 4 | Assistant Practitioner, Team Administrator | £27,269 | Up to £122,710 |
| Band 5 | Staff Nurse, Newly Qualified AHP, Paramedic | £30,615 | Up to £137,767 |
| Band 6 | Senior Nurse, Senior Physiotherapist, Senior Paramedic | £37,338 | Up to £168,021 |
| Band 7 | Nurse Manager, Advanced Practitioner, Team Lead | £46,148 | Up to £207,666 |
| Band 8a | Lead AHP, Senior Manager, Specialist Consultant | £56,388 | Up to £253,746 |
| Band 8b | Head of Service, Consultant Practitioner | £66,718 | Up to £300,231 |
| Band 8c/d | Director, Deputy CEO, Chief of Service | £82,000+ | Up to £369,000+ |
These figures are based on basic salary only. For many NHS workers, regular enhancements and bank shifts add thousands to their usable income. A Band 5 nurse working regular nights and weekends could be working with a substantially higher figure than shown above. We will calculate your actual position accurately before any application is submitted.
Lenders look at your committed outgoings as well as your income. Credit card balances, car finance, loans and other financial commitments all reduce your maximum borrowing. Reducing these before applying can make a meaningful difference.
A clean credit file with a history of responsible borrowing will give you access to the widest range of lenders and the most competitive rates. Any adverse markers will narrow the field but rarely rule it out entirely.
The larger your deposit relative to the purchase price, the lower your loan to value ratio and the better the rates you will qualify for. Even moving from 10% to 15% deposit can open up meaningfully better deals.
Substantive employment, bank only contracts, locum work and fixed term contracts are all treated differently. We will identify which lenders are right for your specific employment arrangement.
"I looked at the band salary tables online and was disheartened at what I thought I could borrow. When Elaine looked at my actual payslips and included my enhancement pay, the real figure was nearly forty thousand pounds higher. That changed everything for me."
We will calculate your accurate figure in your first free call. 🐧
If you are looking for a hassel free process with your mortgage, I would highly recommend you use Penguin Mortgages. Elaine made things simple by dealing with the application and getting me the best deal for my need. 5-star.
26 May 2025
Excellent and seamless experience with Elaine. She is very professional and supportive, tons of communication and support is present from her end. She has explained me every bit of the process and managed everything for me. I highly recommend her to anyone who is looking to get a mortgage.
23 January 2025
Elaine made my mortgage experience a truly seamless one. Her expertise and guidance made the entire process incredibly smooth. She was always available to answer questions (even via WhatsApp). I felt supported and informed every step of the way. I highly recommend Penguin Mortgages.
11 January 2025
Elaine was incredibly helpful and patient throughout our journey as first-time homebuyers. She made the mortgage process seamless by addressing our numerous questions with professionalism and clarity. Her consistent updates and prompt responses kept us informed every step of the way. We couldn’t have asked for a better experience. Highly recommend Elaine for her outstanding service!
24 December 2024
I could not recommend Elaine at Penguin mortgages enough. Elaine has been fantastic throughout and worked thoroughly through all options available to me.
5 December 2024
