Regular spending on weight loss drugs ‘could affect size of mortgage you can get’
🤖AI Özeti
Some mortgage brokers are warning that regular spending on weight loss drugs like Wegovy and Mounjaro could significantly reduce the amount individuals can borrow. This is due to lenders conducting thorough affordability checks that consider all monthly outgoings, including expenses for medications. As a result, potential homebuyers may find themselves with lower borrowing limits if they are spending large sums on these drugs.
💡AI Analizi
📚Bağlam ve Tarihsel Perspektif
The rise of weight loss drugs has been significant in recent years, with medications like Wegovy and Mounjaro gaining traction among consumers. As these drugs become more mainstream, their financial implications are starting to surface, particularly in the context of home buying and mortgage applications. This situation highlights the broader economic impact of health expenditures on personal finance.
This article is for informational purposes only and should not be considered financial advice.
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