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How do student loans effect mortgage applications ???

Mattyp_2 · 2013-12-29 12:53:35

Can anyone tell me if they know how my mortgage application could be effected by the student loan I have. I'm currently paying it back bit by bit every month via my employer using the PAYE system ?

Comments

kingstreet Posts: 39,419 Forumite

30 December 2013 at 7:27AM

advice_please wrote: »

Mine got complicated as they took my latest payslip with a bonus payment and hence student loan in that month was higher and used that as my monthly outgoing!!

Exactly why I made that point in post #7.

I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.
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