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Mortgage stress test university parent contribution

2 replies

Unexpecteddrivinginstructor · 22/06/2023 16:07

Does anyone know whether the parent contribution to top up minimum maintenance loan is taken into account when remortgaging? Will there be a difference if we pay in a lump sum or pay weekly? We will hopefully have one at uni next time we remortgage. It shouldn't be a big issue but just planning ahead.

OP posts:
darkmodeon · 22/06/2023 16:08

My mortgage broker asked about any regular outgoings so I guess that would count

Unexpecteddrivinginstructor · 22/06/2023 16:19

Thanks, it is a slightly tricky area as the payments are voluntary so we could stop them at any time, obviously though we want to support our dc.

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