Gen H has announced its latest rate reductions across products up to and including 90% LTV.

The new rates are now live for both broker and direct customers.

Its offering now includes:

• • Five-year homebuying bundle rates at 60%, 70%, 75% and 80% LTV are now 5.38% (with £999 fee) down from 5.53%  and 5.44% (without fee) down from 5.59%.
  • Two-year homebuying bundle rates at 60%, 70%, 75% and 80% LTV are now 5.90% (with £999 fee) down from 6.10%  and 6.05% (without fee) down from 6.25%.

Both direct and broker customers can access the homebuying range’s preferential rates when they bundle their Gen H mortgage with purchase conveyancing from Gen H Legal, the lender’s independent conveyancing arm.

Pete Dockar (pictured), Gen H’s chief commercial officer, said: “We’re utterly dedicated to helping our customers find their place on the property ladder.  Keeping mortgage costs as low as we can is central to this, so we’re delighted we could move quickly to implement further rate reductions today.

“We’re ready to support even more aspiring buyers and homemovers in 2023 with our competitive pricing and innovative features.”