Gen H has reduced rates across its full mortgage range, including its New Build Boost product, with the changes going live at 1pm on 8 April 2026.

The lender said it was the first to announce cuts across its entire suite of products, with reductions applying to two-year, three-year and five-year fixes across a range of loan-to-value bands.

Among the changes, two-year products at 60% to 80% loan to value have been cut by 20 basis points, while two-year deals at 85% to 95% loan to value are down by 15 basis points.

Three-year rates across all loan-to-value tiers have been reduced by 20 basis points. For five-year fixes, products at 60% to 80% loan to value are down by 15 basis points, while those at 85% to 95% loan to value have been cut by 25 basis points.

High loan-to-income rates have fallen by five basis points less than the standard reductions across the range.

Gen H has also cut the rate on its New Build Boost product by 20 basis points to 6.14%, which it said equates to an effective rate of about 5.2%.

Under the proposition, buyers contribute a 5% deposit, take an 80% main mortgage from Gen H and receive a 15% interest-free boost. The lender said borrowers only pay interest on the 80% main mortgage, producing monthly payments comparable with 95% loan-to-value mortgage products priced at 5.2%.

One example highlighted by the lender is its five-year 90% loan-to-value mortgage with a £1,499 fee, which has fallen from 6.23% to 5.98%.

Sara Palmer (pictured), sales and distribution director at Gen H, said: “I’m very pleased to bring these cuts to market. There has been so much uncertainty for buyers and brokers alike in recent weeks – this is a brief moment of reprieve where I hope clients can finally get the certainty they have been looking for.

“All brokers on our panel can now advise on New Build Boost – they just need to reach out to us to register their interest.”