Gen H has introduced a number of mortgage rate reductions including wide-ranging cuts across its lower loan-to-value (LTV) products.
Rates have been cut by up to 0.14% across its core and homebuying bundle range and up to 0.30% for its retention range.
For the lender’s core and homebuying bundle ranges, Gen H has reduced its 2-year and 3-year low LTVs by 0.10%.
It has also reduced its 5-year low LTVs by 0.14%.
As part of its retention range, Gen H has reduced 2-year low LTVs by 0.10% and reduced 3-year low LTVs by 0.30%.
In addition, the lender reduced its 5-year 60% and 70% LTVs by 0.28% and its 5-year 75% and 80% LTVs by 0.23%.
These new rates are live for brokers on Gen H’s panel.
Pete Dockar, chief commercial officer at Gen H, said: “If there is ever an opportunity to make rate reductions, we will work quickly to make it happen.
“We found an opportunity to support a variety of new and existing clients across 2-,3- and 5-year products and are delighted to have them live for our broker partners to kick-start a busy March.”
