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Annual salary - student loan deductions

mercexe
mercexe Posts: 25 Forumite
in Mortgages & endowments
Do I need to give my annual salary net of student loan deductions?

I don't want the application to "pass" on affordability and then, when I've sent in my pay slips, find it fails because of the monthly student loan deductions reducing my monthly income.

Thanks!

Comments

  • Simon_gloster
    Simon_gloster Posts: 948 Forumite
    You give your gross basic salary and when asked about loans declare it then.
  • Smiley1987
    Smiley1987 Posts: 21 Forumite
    I told them my salary, never mentioned the student loan - they will be able to see when you send in payslips

    I wouldnt worry about it - i'm guessing they see it more like tax or NI (as in it is taken from your gross pay)
  • martinsurrey
    martinsurrey Posts: 3,368 Forumite
    Check the help section on the application.

    The latest one I did wanted gross salary, but student loan was considered a loan and so was included in the financial commitments disclosure.
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