Borrowers who can put down a 10% deposit on a new build home will be able to benefit from the range, which allows Accord to consider applications it might have previously declined, subject to borrowers meeting its standard affordability and lending criteria.

The intermediary-only lender introduced its Cascade Score range in April 2022 as a way of offering additional options to brokers whose clients don’t meet its higher LTV scorecard requirements, but do meet its standard scorecard.

Accord corporate account and propositions manager Andrew Calder says: “Our Cascade Score range has proved incredibly popular, helping many more borrowers with a smaller deposit to secure a mortgage who would not previously have been eligible, and has received very positive feedback from brokers.”

“The move to extend it to new-build homes has been driven by broker feedback, and enhances our range even further, particularly when combined with our enhanced affordability offering for new build homes.”