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Mark Carney talks to Robert Peston about mortgage lending

26 June 2014 Last updated at 16:45 BST

Bank of England governor Mark Carney has said that he looked at people's ability to service their debts before deciding on the new restrictions for mortgage lending.

Speaking to Robert Peston, the BBC's Economics editor, Mr Carney said that once borrowing goes above 4.5 times income it "becomes more difficult to service" and that they are trying to stop a "mass of people moving into riskier mortgages."