Bank stuns mortgage borrowers by checking how much they spend on drugs | Personal Finance | Finance
A leading bank has stunned mortgage applicants and brokers by asking customers how much they spend on narcotics as part of the process to take out a home loan.
The question appears in the application form as part of the affordability check designed to understand lifestyles, spending habits and how much money people have left from the pay cheque to cover mortgage repayments.
Broker Katy Eatenton, of Lifetime Wealth Management, said she discovered the bizarre question while filling out an…
