Gen H, the innovative mortgage lender, has made a rate reduction on all of its products up to 80% loan-to-value (LTV) of up to 0.15%.
This follows the launch of the lender’s first-of-its-kind first-time buyer bundle last week. The new rates are already live for both broker and direct customers.
Under the new rates, customers can expect a range of discounts. For example, rates on 2-year with fee products at 60%, 70%, 75% and 80% have been reduced to 4.64%, while rates on 5-year with fee products at the same LTV levels have been reduced to 4.45%.
The reduced rates apply to both the first-time buyer bundle and the standard range.
According to Gen H commercial director Pete Dockar: “The launch of the first-time buyer bundle last week realises our vision of ‘homebuying all under one roof,’ a seamless, simple buying experience for those buying their first homes.
“This, partnered with our rate reductions, demonstrates our commitment to keeping our prices fair and accessible to as many aspiring homebuyers as possible.”
