Gen H has made a series of mortgage rate reductions.

The lower rates are designed to support the needs of aspiring first-time buyers, movers and remortgagers in 2025.

Rates have been cut by up to 22 basis points (bps).

Changes include the following:

● Two and three-year 60% LTV have been reduced by 20bps
● Two and three-year 70% LTV have been reduced by 20bps
● Two and three-year 90% LTV have been reduced by 19-22bps
● Three-year 95% LTV have been reduced by 15 bps

Pete Dockar, chief commercial officer at Gen H, said: “We’re thrilled to be able to bring in the New Year with some meaningful reductions across our ranges.

“We want to ensure our intermediary partners have the very best options available for their clients in 2025.”