Official statistical benchmark + rule-based calculation · not a lending decision
Can we afford to buy in Midlothian?
The area’s official average price and residents’ median pay first, then plain arithmetic for your household: deposit, loan, monthly repayment at a rate you choose, and the multiple of your gross income the loan would be. Lenders apply their own tests; none is modelled here.
The area
- Average house price
- £281,662 · Midlothian, June 2026 · HM Land Registry
- Median full-time pay of residents
- £41,189 a year · 2025, provisional · ONS ASHE
- Price to pay
- 6.8 times one median full-time salary (Civometry ratio)
Rule-based calculation · £281,662 at 10% deposit, 5% over 25 years
£1,482 a month
Deposit £28,166 · loan £253,496 · 7.2 times gross household pay of £35,000
That is 62% of net household pay of £2,393 a month under the 2026/27 rules. The 5% rate is a placeholder you should replace with a real quote: no official average mortgage rate is loaded on this site. Repayment mortgage, fixed rate for the whole term, no fees, no stamp duty.