What Mortgage: 'Win for borrowers': Lender to make credit checks transparent:

Being rejected for a mortgage is bad enough. But when there is no information about why the credit check has failed, customers can feel confused and in the dark.

Now a new development by one mortgage lender, Gen H, could change this, allowing brokers to immediately see the problem and swiftly find alternative solutions for customers.

Harps Garcha, director at Brooklyns Financial, speaking via the Newspage Agency said: "It was a mortgage market game-changer." "Increased transparency and better disclosure practices will cut down on delays and confusion in the mortgage process" she said.

"If other lenders follow suit, it could make things smoother and quicker for the entire mortgage industry."

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