Category: Loans

Both the website and the packaging system is fully optimised for mobile devices, so brokers can upload and download documents on the go.

More than 2.7 million people have benefitted from the scheme so far, receiving £7.8 billion in total.

Geraldine Kilkelly, head of research and chief economist at the Finance & Leasing Association (FLA), said: “The relatively slow recovery in second charge mortgage new business volumes reflects the gradual reopening of the economy and continued household caution.”

However, the FLA said: “The market, however, remains in a strong position to meet new demand and forbearance requests during the months ahead.”

RealCheck, designed by RealRates.com, uses bank data to help consumers understand what they can afford to borrow, and access accurate loan rates.