Mortgage Hours: How many hours do you have to work to pay off your mortgage?h0m3

A mortgage is one of the biggest investments people will make in their lifetime, and it can sometimes take a lifetime to pay it all back. But where in the UK will you have to work the most hours to pay off your mortgage?

We’ve looked at the average house price and average salary in every major town and city in the UK to reveal where you will need to work the most, or least, to pay off your mortgage if you put down a 15% deposit.

Average Number of Hours to Pay off Your Mortgage By Region

According to our research, if you live in the South East, South West or East of the UK you are likely to need to work twice the number of hours than your Northern counterparts, ranging from as much as 24,487 days in London, to 9,064 in the North East, meaning that, on average, Londoners need to spend three times longer to be able to afford their average mortgage amount of £415,785.

In other parts of the UK, it would take you 11,734 hours to pay off your mortgage in Wales, 10,005 in Northern Ireland and only 9,28 in Scotland. Scotland was the area with the second lowest time to pay off a mortgage on the list just behind the North East of England where it will only take you 9,064 hours or 1,133 eight-hour work days.

The Most and The Least Hours Needed to Pay off a Mortgage By Town or City

When looking at individual towns and cities, London was, unsurprisingly, the city where it takes the longest to pay off a mortgage, followed by Oxford and Cambridge, where workers needed to spend an average of 22,659 and 21,977 hours, respectively.

The Least Hours Needed to Pay off a Mortgage

At the other end of the scale, the port city of Sunderland was the easiest place to save for a mortgage. With an average mortgage of £96,678, workers will only need to work 7,905 hours to pay off their mortgage.

Check out our full table to see where your home comes on our list!


We took the top 50 towns and cities in the UK by population and used data from ONS to discover the average gross hourly rate of pay for all employee jobs in that area. We then took the average house prices from each town and city as of August 2020 according to the Land Registry UK House Price index.

With the global pandemic of 2020, more lenders are asking for at least 15% deposit, so we used this to calculate the deposit amount an average house in each town, city and region would need. An average number was calculated for the number of hours and working days (based off an average eight hour working day) it would take for each town, city and region to pay off the average mortgage amount.

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