Gen H has made a series of rate reductions including cuts across its lower LTV products.
The reductions are up to 14bps across Gen H’s core and homebuying bundle range and up to 30bps for its retention range.
For its core and homebuying bundle ranges, Gen H has:
- Reduced its 2-year and 3-year low-LTVs by 10bps
- Reduced its 5-year low-LTVs by 14bps
For its retention range, Gen H has:
- Reduced 2-year low-LTVs by 10bps
- Reduced 3-year low-LTVs by 30bps
- Reduced 5-year 60% and 70% LTVs by 28bps
- Reduced 5-year 75% and 80% LTVs by 23bps
These new rates are live for brokers on Gen H’s panel and can be used for any of its mortgages including its income boost product (its take on the JBSP mortgage).
Pete Dockar (pictured), chief commercial officer at Gen H, said: “If there is ever an opportunity to make rate reductions, we will work quickly to make it happen.
“We found an opportunity to support a variety of new and existing clients across two, three and five-year products and are delighted to have them live for our broker partners to kick-start a busy March.”
