Maintenance loan and Mortgage

crunchybroccoli

I’m currently a part time student who is looking to apply for a mortgage next year. I work during the week as my uni classes are at the weekend. I’m in the process of applying for my student finance for next year (academic year starting in January) and was wondering if active maintenance loan payments coming in would affect me applying for a mortgage. If this was the case I would not opt for these payments but I just need some advice really.

housebuyer143

crunchybroccoli said:

I’m currently a part time student who is looking to apply for a mortgage next year. I work during the week as my uni classes are at the weekend. I’m in the process of applying for my student finance for next year (academic year starting in January) and was wondering if active maintenance loan payments coming in would affect me applying for a mortgage. If this was the case I would not opt for these payments but I just need some advice really.

I don't believe student loan debt is counted in mortgage affordability unless you are actively repaying it. It's a good debt as far as they go.