Whether you want to book a cab, get food delivered, set up a prescription, or get a job, in the smartphone era, there’s probably an app for it. And now, there’s an app that lets you buy a house, too. Atom has become the first UK, app-based bank to offer customers mobile mortgages.

A fifth of US renters spend more than half of their salary on housing. And with many others pushed towards long-term renting by student loans, an unstable job market or negative financial factors, Gen X and Y are finally stepping on to the property market. How are they going about their house hunt?

House prices are soaring, and the average age of a first-time buyer is now 35. Student debt and a highly competitive job market is forcing 36% of Millennials to live with their parents. The Barclays Family Springboard Mortgage has a solution: borrow from the bank of mum and dad.

How often do you get your hair cut? When was the last time you ate out? Do you subscribe to Netflix? Questions more akin to filling out online dating profiles will soon be asked by mortgage providers across the UK. But is it another case of a step too far for big data?