The Student Room Group

student loans and mortgages?

hello guys,

anyone have a good idea of how much student loans affect getting a mortgage?

I've heard many mixed things, such as they have no effect, morgtage advisors sometimes ask to hear much you pay SLC etc

thanks
Reply 1
It has no effect on credit rating, but It gets counted and added to the expenses list. The bank basically wants to know that by paying a mortgage you won’t be placed in a negative each month. You need enough money to live on.
Reply 2
they will affect the affordability calculations but are not counted as traditional debt.

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