Spending thousands on weight loss drugs may limit your mortgage potential.
Lenders scrutinize every financial commitment when approving a mortgage, including monthly payments like gym memberships and gaming subscriptions. For those purchasing private weight loss medications, however, these expenses might not be viewed as non-essential expenditures due to the flexibility of canceling them.
The number of individuals in the UK relying on weight loss medication has skyrocketed in recent times, with the majority paying privately for treatment. According to a University College London study, about 1.6 million adults used such medications between early 2024 and early 2025.
These medications typically come with hefty monthly prices ranging from £100 to £350, which could significantly reduce an individual's disposable income in affordability assessments. Experts warn that this recurring spending might knock thousands of pounds off the maximum loan amount applicants can secure on their mortgage.
Brokers caution lenders about including these expenses in their calculations, however, since some banks no longer review individuals' bank statements for non-essential subscriptions. Despite this, several experts assert that a lender is likely to inquire about regular weight loss medication expenditures if they appear on an applicant's financial records.
While it is technically possible to cancel these payments at any time, lenders might view them as committed expenses nonetheless. This could have a particularly significant impact on first-time buyers or those with limited budgets, who may see their maximum loan amounts shrink by £10,000 to £20,000 in some cases.
Although experts disagree on the potential consequences of mortgage lenders factoring these payments into affordability assessments, it's essential for individuals considering purchasing weight loss medication to be aware of this possible impact.
Lenders scrutinize every financial commitment when approving a mortgage, including monthly payments like gym memberships and gaming subscriptions. For those purchasing private weight loss medications, however, these expenses might not be viewed as non-essential expenditures due to the flexibility of canceling them.
The number of individuals in the UK relying on weight loss medication has skyrocketed in recent times, with the majority paying privately for treatment. According to a University College London study, about 1.6 million adults used such medications between early 2024 and early 2025.
These medications typically come with hefty monthly prices ranging from £100 to £350, which could significantly reduce an individual's disposable income in affordability assessments. Experts warn that this recurring spending might knock thousands of pounds off the maximum loan amount applicants can secure on their mortgage.
Brokers caution lenders about including these expenses in their calculations, however, since some banks no longer review individuals' bank statements for non-essential subscriptions. Despite this, several experts assert that a lender is likely to inquire about regular weight loss medication expenditures if they appear on an applicant's financial records.
While it is technically possible to cancel these payments at any time, lenders might view them as committed expenses nonetheless. This could have a particularly significant impact on first-time buyers or those with limited budgets, who may see their maximum loan amounts shrink by £10,000 to £20,000 in some cases.
Although experts disagree on the potential consequences of mortgage lenders factoring these payments into affordability assessments, it's essential for individuals considering purchasing weight loss medication to be aware of this possible impact.
You gotta wonder if the benefits are really worth it, especially when you're trying to buy a house and all that 
I mean, £100-£350/month is a pretty big chunk of change. And yeah, it's not like you can just cancel it whenever you want... lenders will still factor those expenses into your mortgage calculation. It's like, if you're already struggling to afford the mortgage, adding on weight loss meds just makes things worse 
anyways, gotta keep an eye on those finances, even if you're not thinking of taking weight loss meds, lol
and it's not just me, apparently 1.6 million people in the uk already rely on these meds, which is wild! 
Warning for First-Time Buyers! 
It's not just about the money, though - what if someone has to cancel their payments and can't afford their mortgage instead? 
We need to have a conversation about this and figure out how we can make it more affordable for people who wanna get healthy without breaking the bank 
.
so yeah lenders might be watching out for that when approving mortgages makes total sense but gotta make sure ppl know they can still cancel at any time 
. I mean, can you even imagine having to cut back on your monthly fave subs just 'cause you need a prescription pill 
? It's crazy that lenders might think these expenses are legit non-negotiables 
), I gotta agree that this could be a major roadblock for some people. We should all be supporting each other to get fit, not adding more stress to our already-busy lives 
. Let's raise awareness about the risks of weight loss meds on mortgage affordability and find ways to make healthy living more accessible 
#WeightLossMedsAndMortgages #FinancialHealth #WellnessForAll