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Student wanting to get a mortgage

Im a second year student who gets the maximum loan and grant of 10000. I also work part time earning minimum of 7000 a year. Ive found a property which I would like to buy which is 70000, I have savings of 8000. Will mortgage lenders look at my student loan income and my part time work or is it just the part time income.

Comments

  • ACG
    ACG Posts: 24,690 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Just your part time income. Your student loan is not an income, it is something that will eventually become a commitment (all being well).
    I am a Mortgage Adviser
    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.
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