In 2022, the mortgage lender launched a number of new initiatives, including its ‘cascade score’ which opened up more options for borrowers who do not meet the lender's higher loan-to-value score card but are in line with its standard one.
It also launched ‘LTI Boost’ which offers up to five and a half times income multiples to borrowers and is designed to support underserved borrowers.
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Looking to the year ahead, Duncombe said: “The markets are inherently resilient and we’ve been through as bad if not worse in recent years and come out the other side, so I remain optimistic for the opportunities.”
jane.matthews@ft.com
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