Gen H has reduced its 2-year fixed rates at 85% and 90% loan-to-value (LTV) by 0.25%, to support first-time buyers aiming to secure a mortgage offer before Christmas.
The lender has also amended pricing elsewhere across its range.
2-year rates between 70% and 80% LTV have been reduced by 0.06%, while the 60% LTV 2-year rate has increased by 0.14%.
3-year fixed rates have increased by 0.10%, and 5-year rates up to 80% LTV have increased by 0.05%.
All revised rates are now available to brokers on Gen H’s panel.
Sara Palmer (pictured), sales and distribution director at Gen H, said: “I’m thrilled we’re able to make these changes as we approach the Christmas season.
“It’s a difficult time to be trying to buy a first home – but aspiring owners shouldn’t give up hope.
“Lenders like Gen H and experts like the brokers on our panel are here to help. Hopefully, these rate reductions will help deliver some homes for the holidays!”
