Gen H has made further reductions to rates across 2- and 5-year fixed products.
Its 2-year fixed rates have dropped by 18 bps to 4.99% (with £999 fee) on loan-to-values (LTVs) to 80%.
Gen H have also reduced 5-year fixed rates by 20 bps to 5.08% (with £999 fee) on LTVs to 80%.
Pete Dockar, Gen H commercial director, said: “Our competitive rates demonstrate the viability of our people-first model to succeed as a mainstream lender.
“We’re delighted to offer these lower rates ahead of the holiday season.”
These rate drops demonstrate Gen H’s commitment to supporting the needs of all aspiring homeowners – from first-time buyers to home movers and remortgagers.
With these reductions, Gen H continues to hold its competitive positioning across all 2- and 5-year fixed rates.
Gen H also made further rate adjustments to LTVs above 80%, to ensure aspiring buyers with smaller deposits aren’t being locked out.
