Media playback is unsupported on your device

Lifestyle questions to secure a mortgage

25 April 2014 Last updated at 18:49 BST

Mortgage applicants face tougher questions about their lifestyle, under new rules that take effect on Saturday.

The changes are designed to "hardwire common sense" into the mortgage application process, the Financial Conduct Authority (FCA) said.

Simon Gompertz reports.

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.