Gen H cuts new business mortgage rates

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Gen H has announced a series of rate reductions aimed at its new business ranges.

These cuts are the second consecutive series of reductions the residential mortgage lender has made to its new business range.

They follow on from the soft launch of its new intermediary website.

● Two-year rates have decreased by up to 15 bps
● Three-year rates have decreased by up to 20 bps
● Five-year high-LTV rates have decreased by 5 bps

Brokers on Gen H’s panel can access these rates via its website and proprietary broker platform Gen H Pro.

Gen H Pro is located within the lender’s dedicated intermediary website, which went live early in January.

Pete Dockar

Pete Dockar, Gen H’s chief commercial officer, said: “What better way to start a new year than lower rates and with a refresher on what makes us different? Gen H is built to embrace complexity in customer circumstances, to underwrite sensibly and flexibly, and to open doors that would otherwise remain closed with our booster products.

“It’s a holistic approach to redefining borrowing that has made a difference for thousands of people.”

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