Gen H further reduces rates by up to 16 bps

Gen H has introduced reductions on most of its products up to 95% loan-to-value (LTV) by up to 16 bps.

Some highlights from the new reduction include 5-year homebuying bundle rates at 95% LTV now at 5.97% (with £999 fee) and 6.03% (without fee), 5-year homebuying bundle rates up to 90% LTV all under 6%, as well as 2-year rates reduced by 11 to 14 bps.

These new rates are already live for both broker and direct customers.

Gen H also recently expanded their first-time buyer bundle to include home movers.

When clients bundle their Gen H mortgage with conveyancing from Gen H Legal, they get access to exclusive reduced mortgage rates.

Pete Dockar, Gen H chief commercial officer, said: “We are thrilled that we can continue to reduce our rates to help support more buyers.

“Our 95% LTV products are particularly competitive, and when paired with some of our unique affordability solutions and bundle products, these reductions can really make a difference to homeowners and aspiring owners.”

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