Gen H reduces all mortgage rates by up to 25bps

The latest rate cuts mark Gen H’s third round of reductions in the past month.

Related topics:  Mortgages
Rozi Jones | Editor, Financial Reporter
18th September 2023
blocks with percentage signs going down
"We are committed to supporting more aspiring buyers, or those who need support due to changing circumstances."

Gen H has announced a new round of rate reductions across its entire product range.

The lender has reduced its two and three-year rates by up to 25 bps and five-year rates by up to 15 bps.

Five-year fixed rates at 95% LTV now start from 5.74% with a £999 fee and 5.80% fee-free for 'homebuying bundle' products, which offer discounted rates when customers get their mortgage and legals through Gen H and Gen H Legal, the lender’s independent conveyancing arm.

Five-year bundle rates at 90% LTV are now 5.63% with a £999 fee and 5.69% fee-free.

Pete Dockar, chief commercial officer at Gen H, said: “We are committed to supporting more aspiring buyers, or those who need support due to changing circumstances. Further rate reductions today demonstrate our commitment to having our customers at the heart of what we do.”

More like this
CLOSE
Subscribe
to our newsletter

Join a community of over 30,000 intermediaries and keep up-to-date with industry news and upcoming events via our newsletter.