Applying for Mortgage with student loan

[SportGirl]

Hi new member here, I need some help, me and my partner are applying for a Mortgage but I have a student loan, I currently don't earn enough to repay it, my partner earns a little less than me and doesn't have a student loan, will this stop us getting a mortgage as first time buyers? We want our own house as we want to start a family

I don't remember even talking about student loan beyond the repayments on my payslip.

The lender will just take in to account how much is deducted from your payslip each month for affordability, not the outstanding balance.

This

Your mortgage company will be interested in "affordability" of the mortgage to you in general, not (usually) that you have a student loan in particular. I.e. difference in income & outgoings, so have a think on what your finances would look like as you start to earn more & would need to start loan repayments.

I'm an Underwriter. We only deduct student loan if you're actually paying it. So if you're below the threshold we don't deduct it

As you're not repaying it currently it won't be taken into account.

If you were repaying it the monthly figure would affect your affordability slightly.

Surely, if you don't earn enough to pay back your student loan, and your partner earns less than you, you won't be able to get a mortgage anyway?

Others have told me they don't take it into account

@SportGirl I think they meant that if your income is so low that neither one of you is at the threshold to pay a student loan, do you have enough income for a mortgage in the first place (before even considering student loan and its impact on your affordability).

As others have said, you'll be assessed on your current income, if you do not have student loan deductions right now, it will not be considered. If you remortgage in 5 years time and are earning over the threshold, they will consider the student loan as part of your affordability ie if you're paying £100 a month, you have £100 a month less affordability as someone else on the same wage with no loan. Just means they may lend you less but shouldn't have a huge impact.