Gen H has reduced its 2-year fixed mortgage rates by up to 0.30%, with bigger cuts for first-time buyers (FTBs) who need high loan-to-value (LTV) products.
Rates at 90% LTV and below have decreased by 0.15%, while 95% LTV products are now 0.30% cheaper.
These changes apply to standard, homebuying, and retention ranges.
The rates will be available to brokers on Gen H’s panel from 5:30pm today, 23rd April.
Pete Dockar, CCO at Gen H, said: “With this latest rate cut, we’re doubling down on our mission to make homeownership possible for more people.
“The market is volatile, but as lenders, we can’t let this lock out those at the beginning of their journey.
“We believe first-time buyers deserve better options, and we’re proud to be in the mix as lenders make positive moves across the market.”
Dockar added: “And where buyers need a bit more assistance, our income booster proposition could make the most of these rate cuts and finally get keys into waiting hands.”
