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Average Loan Analyst Salary in United Kingdom for 2026

A loan analyst in United Kingdom earns about 74,900 GBP a year. That's 7% above the national average of 69,700 GBP.

Pay ranges widely from country to country and from role to role. The lowest reported salaries in United Kingdom sit around 38,700 GBP a year, while the very top stretches to 118,900 GBP. Everything on this page is in British pound (GBP, symbol £), which lets you compare numbers like-for-like without worrying about exchange rates.

The numbers here are pulled together from official government wage data, large independent salary surveys, and aggregated worker-reported pay. Most reported salaries include the benefits that are common in United Kingdom, such as housing or transport allowances, which is worth keeping in mind if you're comparing against a country where those are usually paid on top.

To turn a gross salary in United Kingdom into a take-home figure, use our United Kingdom salary after tax calculator, which works the latest tax brackets and contributions through the math for you.

How much does a loan analyst make in United Kingdom?

Average salary
74,900 GBP
6,241 GBP per month
Lowest reported
38,700 GBP
3,225 GBP per month
Highest reported
118,900 GBP
9,908 GBP per month

A typical loan analyst working in United Kingdom brings home around 6,241 GBP a month before tax. Entry-level pay starts near 38,700 GBP, and the top of the ladder reaches roughly 118,900 GBP for the most experienced and specialised people in the role.

The wide gap between low end and top end reflects how much pay can vary inside the same job title. A junior loan analyst working at a small local employer earns very different money from a senior at a multinational. Skills, employer, city and years in the seat all push the number around. For a cross-country comparison, see the loan analyst salary in Guernsey or Jersey, both of which pay in the same currency.

How loan analyst pay ranges in United Kingdom

A good way to think about salary in United Kingdom is to look at the distribution rather than the headline average. Half of all loan analysts in United Kingdom earn less than 76,800 GBP a year, and the other half earn more. That middle number is the median, and it is usually more useful than the average for answering "is my pay normal here".

Looking at the quartiles fills in the picture. A quarter of earners take home less than 50,100 GBP (the 25th percentile), and a quarter clear 99,700 GBP (the 75th percentile). The middle 50% of loan analysts sit somewhere inside that band, which is where the typical reader of this page probably lives.

The very lowest reported salaries sit around 38,700 GBP. The highest stretch to 118,900 GBP, though only a small fraction of earners ever reach that level. If you are deciding whether your own offer or current pay is reasonable, work out which of those four bands you would fall into and use that as your reference point.

38,700
Low
76,800
Median
118,900
High
50,100
25th
99,700
75th
The middle 50% sit between the 25th and 75th percentile Tails are the lowest and highest reported All figures in GBP

Loan analyst pay by experience in United Kingdom

Years of experience is the single biggest lever on pay for a loan analyst in United Kingdom, ahead of education and almost any other single factor. The longer you have been in the role, the more your employer can trust you to handle complexity, mentor others and act independently, all of which command higher pay. The chart below shows how the typical loan analyst salary changes as you move through the career ladder.

  • 0-2 Years
    42,700 GBP
  • 2-5 Years
    +36% from previous
    57,900 GBP
  • 5-10 Years
    +33% from previous
    77,100 GBP
  • 10-15 Years
    +24% from previous
    95,900 GBP
  • 15-20 Years
    +10% from previous
    105,200 GBP
  • 20+ Years
    +6% from previous
    111,700 GBP

The single largest jump on the ladder is from 0 - 2 Years to 2 - 5 Years, where pay rises by about 36%. That is the point at which a loan analyst typically goes from "competent in the role" to "the person other people in the team learn from", and the market pays well for that step.

Loan analyst pay by education in United Kingdom

Education sits alongside experience as one of the biggest factors driving loan analyst pay in United Kingdom. Higher qualifications consistently pull higher salaries, but the size of the gap tends to be smallest at junior levels and widens as people move up. Two people in the same role with the same years of experience but different degrees can end up earning very different money once they reach mid-career.

Below is the average loan analyst salary in United Kingdom broken down by the highest level of education a worker has completed.

  • Bachelor's Degree
    54,700 GBP
  • Master's Degree
    +62% from previous
    88,600 GBP

Loan analyst gender pay gap in United Kingdom

The gender pay gap is a stubborn feature of almost every labour market, and United Kingdom is no exception. Male loan analysts in United Kingdom earn an average of 78,200 GBP a year, while female loan analysts earn around 74,100 GBP. That works out to a 6% gap in favour of men, even when comparing people doing the same work.

A pay gap of this size has a real long-term cost. Over a typical thirty-year career it can add up to several years of pay, and it compounds through pensions, retirement contributions and bonus-linked stock. Some of the gap is explained by women being more likely to work part-time, take career breaks, or be steered toward lower-paying specialisations. Some of it is straightforward unequal pay for the same job, which is harder to defend.

Loan Analyst gender pay gap

5%

Men earn this much more than women on average in United Kingdom.

Men 78,200 GBP
Women 74,100 GBP

Pay raises for a loan analyst in United Kingdom

Most countries hand out at least some kind of pay raise every year, typically when an employee's contract is reviewed or as a cost-of-living adjustment to keep wages roughly in step with inflation. The rhythm and size of those raises varies hugely between industries.

A typical worker doing this role in United Kingdom sees a raise of about 13% every 14 months, which works out to roughly 11% on an annual basis. That figure is the typical underlying rate; in years where inflation runs high you can usually expect a bit more, and in flat-economy years a bit less.

Across all jobs in United Kingdom, the national average raise is around 9% every 15 months.

By industry

Industries with the highest pay raises in United Kingdom:

  • Banking
  • Energy
  • Information Technology
  • Healthcare
  • Travel
  • Construction
  • Education

By experience level

Experienced workers tend to see larger raises. Retaining a senior is cheaper than replacing them, so employers fight harder for them.

  • Junior Level
    3% - 5%
  • Mid-Career
  • Senior Level
  • Top Management

Loan analyst bonus rates in United Kingdom

Bonuses are the other half of total compensation, and they vary a lot between jobs and industries. Some roles are paid almost entirely in base salary; others lean heavily on bonus structures tied to revenue, project completion or company performance. Whether a job pays a bonus, how big it is, and how often it lands all factor into whether the headline salary is actually a good offer.

58%

58% of loan analysts in United Kingdom reported a bonus of some kind in the past twelve months. That makes a loan analyst a moderate-bonus role overall, which is useful context when you're weighing up a job offer where the base is below market.

Among those who did receive a bonus, the size of the payment varied substantially. Reported bonuses ranged from 3% to 6% of base salary. The remaining 42% of loan analysts reported no bonus at all over the same period.

Which careers pay bonuses in United Kingdom

Revenue-facing roles tend to pay the biggest bonuses. Operational and support roles tend toward smaller, more predictable ones.

  • Finance
  • Architecture
  • Sales
  • Business Development
  • Marketing / Advertising
  • Information Technology
  • Healthcare
  • Insurance
  • Customer Service
  • Human Resources
  • Construction
  • Transport
  • Hospitality

Loan analyst: public vs private sector pay

Public-sector pay in United Kingdom is about 7% more than private-sector pay for similar work. The private sector typically offers stronger upside and bigger bonuses; the public sector typically offers better benefits and stability.

Public vs private pay gap

6%

Public-sector workers earn this much more than private-sector workers in United Kingdom on average.

Public sector 72,700 GBP
Private sector 68,200 GBP

Loan analyst salary by city and region in United Kingdom

Loan analyst pay is not even across United Kingdom. The chart below shows the highest-paying cities and regions in the dataset, followed by the full location table.

  • England
  • Scotland
  • Birmingham
  • Leeds
  • Manchester
  • Liverpool
  • London
  • Glasgow
  • Bristol
  • Coventry
LocationTypeAverageMedianRange
EnglandRegion152,700 GBP156,200 GBP74,600-239,000 GBP
ScotlandRegion109,700 GBP103,600 GBP58,600-163,800 GBP
BirminghamCity95,100 GBP100,700 GBP42,300-146,900 GBP
LeedsCity93,800 GBP95,900 GBP43,100-148,300 GBP
ManchesterCity91,200 GBP91,200 GBP45,200-142,100 GBP
LiverpoolCity90,900 GBP87,900 GBP46,700-140,700 GBP
LondonCity89,800 GBP95,000 GBP42,000-141,000 GBP
GlasgowCity88,700 GBP92,600 GBP44,500-140,200 GBP
BristolCity88,300 GBP92,400 GBP45,200-140,700 GBP
CoventryCity87,800 GBP95,300 GBP41,400-142,100 GBP
NottinghamCity86,800 GBP80,800 GBP44,200-128,400 GBP
SheffieldCity86,800 GBP88,300 GBP43,200-134,100 GBP
BradfordCity86,400 GBP86,400 GBP43,500-130,500 GBP
CardiffCity85,700 GBP87,200 GBP45,600-134,100 GBP
AberdeenCity85,500 GBP76,900 GBP46,300-128,200 GBP
SomersetCity85,400 GBP84,900 GBP44,500-130,500 GBP
LeicesterCity84,800 GBP83,300 GBP46,200-132,000 GBP
BelfastCity84,600 GBP88,600 GBP43,200-132,000 GBP
WolverhamptonCity83,800 GBP91,700 GBP37,900-134,100 GBP
SouthamptonCity83,800 GBP78,700 GBP44,500-127,600 GBP
EdinburghCity83,800 GBP78,900 GBP45,300-127,700 GBP
NewcastleCity83,200 GBP75,100 GBP46,200-127,700 GBP
Kingston upon HullCity83,000 GBP80,200 GBP45,600-128,200 GBP
PeterboroughCity81,400 GBP80,200 GBP41,500-127,700 GBP
PooleCity81,300 GBP81,200 GBP40,700-123,800 GBP
DerbyCity81,300 GBP80,300 GBP41,500-127,600 GBP
PlymouthCity81,000 GBP85,500 GBP39,400-127,600 GBP
PortsmouthCity80,000 GBP88,300 GBP36,700-127,600 GBP
YorkCity79,800 GBP79,800 GBP38,000-123,000 GBP
BrightonCity79,600 GBP73,500 GBP41,500-118,900 GBP
ExeterCity79,600 GBP79,600 GBP39,800-121,800 GBP
DundeeCity78,900 GBP79,000 GBP39,100-123,000 GBP
SwanseaCity78,700 GBP71,900 GBP45,100-121,800 GBP
LisburnCity77,000 GBP79,000 GBP35,600-117,100 GBP
ArmaghCity76,600 GBP68,300 GBP40,200-116,400 GBP
NewryCity76,000 GBP73,100 GBP40,500-114,900 GBP
LincolnCity76,000 GBP78,400 GBP34,700-117,100 GBP
Northern IrelandRegion76,000 GBP78,100 GBP36,500-115,600 GBP
OxfordCity75,900 GBP79,000 GBP37,300-119,700 GBP
HartlepoolCity75,100 GBP79,700 GBP36,400-119,700 GBP
SalisburyCity74,500 GBP65,700 GBP38,700-111,700 GBP
NewportCity74,200 GBP83,700 GBP33,800-121,800 GBP
CanterburyCity74,000 GBP74,700 GBP34,700-116,400 GBP
GloucesterCity73,500 GBP67,800 GBP38,000-112,700 GBP
DerryCity73,300 GBP68,500 GBP39,800-112,700 GBP
StirlingCity73,300 GBP70,600 GBP38,100-114,600 GBP
CambridgeCity73,300 GBP68,500 GBP39,800-112,700 GBP
AbingdonCity73,100 GBP74,300 GBP34,000-114,900 GBP
ChesterCity72,700 GBP68,200 GBP39,500-111,700 GBP
WalesRegion72,400 GBP65,900 GBP39,600-109,700 GBP
StromnessCity71,600 GBP75,800 GBP33,600-114,600 GBP
NorwichCity71,400 GBP76,000 GBP35,300-114,900 GBP
St DavidsCity70,900 GBP70,900 GBP33,800-109,000 GBP
TruroCity70,900 GBP73,500 GBP35,500-108,200 GBP
WakefieldCity70,900 GBP68,900 GBP34,800-107,700 GBP
KirkwallCity69,700 GBP74,600 GBP34,000-112,700 GBP
InvernessCity69,200 GBP67,400 GBP35,000-107,300 GBP
DurhamCity68,200 GBP77,000 GBP31,700-111,700 GBP
WellsCity68,200 GBP72,700 GBP32,900-108,200 GBP
WinchesterCity67,800 GBP70,100 GBP36,600-107,700 GBP
RiponCity67,200 GBP67,200 GBP31,700-105,200 GBP
BangorCity66,900 GBP70,000 GBP29,600-105,800 GBP
StrontianCity66,400 GBP66,400 GBP34,000-105,800 GBP

Loan Analyst in United Kingdom: FAQs

  • How much does a loan analyst make per month in United Kingdom?

    A loan analyst in United Kingdom earns about 6,241 GBP a month before tax, based on an annual average of 74,900 GBP.

  • What's the salary range for a loan analyst in United Kingdom?

    Entry-level loan analysts in United Kingdom start near 38,700 GBP. Top-end pay reaches around 118,900 GBP. The middle 50% of earners sit between 50,100 and 99,700 GBP.

  • Is the median loan analyst salary in United Kingdom higher or lower than the average?

    The median is 76,800 GBP, higher than the average of 74,900 GBP. Half of loan analysts in United Kingdom earn below the median, half earn above it.

  • What's the gender pay gap for loan analysts in United Kingdom?

    Men working as a loan analyst in United Kingdom earn around 6% more than women on average (78,200 vs 74,100 GBP a year).

  • Do loan analysts in United Kingdom get bonuses?

    About 58% of loan analysts in United Kingdom reported a bonus in the past 12 months. Reported bonuses ranged from 3% to 6% of base salary.

  • Do loan analysts earn more in the public or private sector in United Kingdom?

    In United Kingdom, the public sector pays a loan analyst about 7% more on average. Public-sector pay tends to be steadier; private-sector pay tends to offer bigger upside.

  • How often do loan analysts in United Kingdom get a pay raise?

    A loan analyst in United Kingdom sees a raise of around 13% every 14 months, equivalent to roughly 11% a year.