Key Worker Mortgages in the UK

Are there mortgages with preferable terms for UK key workers? Read on for vital information about mortgage terms for key workers and particular schemes that may be of interest.

About your mortgage

Error: Yearly income income must be between £1 and £10,000,000.

Error: Regular bonus must be between £1 and £10,000,000.

Based on your yearly income, you may be able to borrow:


Most lenders will let you borrow 4.5 times your annual salary so, as long as you have a standard 10% deposit, you should be able to borrow this much.


Depending on your personal circumstances, some lenders may let you borrow 5 times your salary.


Lenders usually cap the amount they lend at 5.5 times your salary, so it’s unlikely you’ll be able to borrow more than this.

This calculator is an estimation of how much you could borrow. If you’re ready to take out a mortgage, speak to a Revolution brokers to see what options are available.

Key Worker Mortgages in the UK

Key worker mortgages no longer exist and were a product available to crucial professionals to help them achieve affordable lending rates on a home purchase.

However, there are multiple other schemes and initiatives available whether you need financial assistance or are looking for a 100% mortgage without a deposit.

Revolution Brokers also works with specialist lenders who offer advantageous terms for key workers and professionals, with negotiating power to find you competitive lending adapted to your working circumstances.

Products available for applicants who would previously have been eligible for key worker mortgages are open to:

  • Teachers
  • Healthcare professionals
  • Serving military personnel

If you are unsure whether you fall into the key worker category, or would like help with finding the most appealing mortgage options, contact Revolution Brokers on 0330 304 3040 or drop us a message to

What Options are there Now that Key Worker Mortgages Have Ended?

There are several assistance schemes available to help with buying residential property - the most popular are listed below.

Help to Buy Scheme

Help to Buy is a government programme, created to boost the property market but also help people to get onto the property ladder.

Applicants can apply for financial support to invest in a new-build property, provided they have a 5% deposit available. Help to Buy offers a 20% equity loan, with the homebuyer needing to secure a mortgage for the remaining 75%.

Rates on Help to Buy mortgages are lower since the lender is accepting a lower risk profile. The equity loan is interest-free for the first five years.

After year five, interest begins to be charged, with the rates starting at 1.75%. The interest charge increases each year, based on the Retail Price Index (RPI), plus 1%.

In essence, Help to Buy makes a mortgage more affordable and helps applicants without a large deposit find competitive lending.

New Buy Initiative

New Buy only applies to new-build homes, and similarly to Help to Buy, the borrower needs to put up a 5% deposit. The New Buy mortgage then finances the remaining 95%.

The scheme helps support buyers with a small deposit. The government backs new Buy mortgages up to 20% of the value, which means that the lender has more security, and can offer lower interest rates.

Having government security against 20% of the mortgage means that, were the property to be repossessed, that 20% would be assured, and the lender would need to recoup the 75% balance from the sale of the property.

Right to Buy Programme

Right to Buy is a programme whereby tenants in social housing or council housing can buy their home from the local authority, usually at highly competitive terms when compared to the open market.

Shared Ownership Options

Shared ownership has grown in popularity as new buyers find it increasingly difficult to get on the property ladder. Usually, the property is owned by an employer, housing agency or social landlord.

Buyers can purchase from 25% of the property up to 100%, which is financed through a mortgage. If you are buying a proportion of your home, you still pay rent on the ratio that is owned by your landlord.

There are lots of ways to use shared ownership to increase your equity, so give us a call for more information about how to use this option.

How Can I Apply for Key Worker Mortgage Support?

If you are browsing the mortgage market, need to find out what support you can apply for, or need independent advice about which scheme will offer you the best financial assistance, get in touch today.

Mortgage advisors is available on 0330 304 3040, or via email at, and provides impartial advice to help you find the ideal solution and lending to get onto the property ladder.

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FCA disclaimer

The content included in our articles, blogs, web pages and news publications is based on information accurate at the time of writing. Note that policies and criteria can change regularly throughout the UK mortgage lending market, and it remains essential to contact the consultation team to receive up to date guidance. The information included on the Revolution Brokers site is not bespoke to any circumstances or individual application scenarios and therefore is not intended to be used as financial advice. The content we share is designed to be informative and helpful but cannot be relied upon to provide individual advice relevant to your mortgage requirements. All Revolution team members are fully qualified, trained and experienced to provide mortgage advice of an independent nature. We collaborate with lenders and providers who are regulated, authorised and registered with the Financial Conduct Authority (FCA). Should you require specific mortgage borrowing types, some products such as buy to let mortgages may not be FCA regulated. The Revolution team can provide further information about regulated and unregulated lending as required. Please remember that a mortgage is a debt which is secured against your home or property. Your home can be at risk of repossession if you do not keep up with the repayments or encounter any other difficulties in managing your mortgage borrowing responsibly. This also applies to any remortgage or home loan secured against your property, including equity release products.

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