Gen H introduces an AI-based document packaging tool for mortgages, developed with Google Cloud, aimed at improving application efficiency.
Mortgage lender Gen H has announced a partnership with Dynamo for Intermediaries, expanding their broker panel as they aim for whole market coverage by the end of 2023.
Gen H have made Gen H Legal, their conveyancing arm, widely available to all direct customers and their entire intermediary panel of brokers.
Its 2-year fixed rates have dropped by 18 bps to 4.99% (with £999 fee) on loan-to-values (LTVs) to 80%.
Fintech mortgage lender Gen H has partnered with L&C Mortgages to expand its intermediary panel.
Gen H has made rate reductions of up to 0.51% across it 2- and 5-year fixed rates to support first-time buyers and homemovers.
Under the agreement, NBS's funding will enable Gen H to accelerate the rollout of its suite of mortgage products and widen the opportunity for home ownership.
Gen H has reduced the rates on its 2-year fixed rate products at 60%, 70% and 75% loan-to-value bands as well as making a reduction in the stress rate it applies in customer affordability assessments.
Industry heavyweight Legal & General has acquired an 18.75% stake in start-up mortgage lender Gen H, taking a seat on its board alongside Peter Thiel’s Mithril Capital and Brent Hoberman’s Firstminute Capital.
Generation Home has become the latest member of the Intermediary Mortgage Lenders Association (IMLA).
Mortgage Broker Tools (MBT) has integrated its MBT Affordability research platform with Generation Home.
