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Abbey for Intermediaries is understood to be considering doubling its mortgage lending next year.
Brokers have been approached by the lender's BDMs over the past week outlining plans to double Abbey's lending, with one broker being told it wanted to increase lending from Pounds 40m a day to around Pounds 80m a day.
To achieve this, it is thought Abbey will look to relax some of its lending criteria, specifically the 'historic adverse' rule, which...