Gen H has launched further rate cuts across its entire mortgage product range.

All LTV bands up to and including 80% at three and five-year terms are below 5%.

These rates are available for aspiring first-time buyers, homemovers and remortgagers who come to the lender via mortgage broker.

The greatest reductions are found across high-LTV products, supporting first-time buyers.

Changes include the following:

• 85% LTV is reduced by up to 67 bps. two-year standard product with fee is now 5.32%, bundle for 5.27% or a standard five-year at 4.71%, bundle at 4.65% with £999 fee.
• 90% LTV is reduced between 40 bps and 55 bps
• 95% LTV is reduced by 60 bps, with all five-year rates at sub-5%
• All two-year products are below 6%.

Pete Dockar (pictured), Gen H’s commercial director, said: “We were thrilled to have been able to have introduced the first sub-4% to the market – making rate reductions whenever we can is core to our ethos.

“Today, we’re excited to show we can help people no matter their deposit size, whether they’re remortgaging in the 60% LTV band or buying their first home with a smaller deposit. We make these reductions because they make a difference to real people. That’s why we’re here.”