Gen H has unveiled reductions on most of its products up to 95% LTV by up to 16 bps.

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

Five-year homebuying bundle rates at 95% LTV are now 5.97% (with £999 fee) and 6.03% (without fee), while five-year homebuying bundle rates up to 90% LTV are all under 6%.

Meanwhile, two-year rates drop between 11- 14 bps (across most products).

Gen H recently expanded its first-time buyer bundle to include home movers. When clients bundle their Gen H mortgage with conveyancing from Gen H Legal, they get access to exclusive reduced mortgage rates.

Pete Dockar (pictured), Gen H chief commercial officer, said: “We are thrilled that we can continue to reduce our rates to help support more buyers. Our 95% LTV products are particularly competitive, and when paired with some of our unique affordability solutions and bundle products, these reductions can really make a difference to homeowners and aspiring owners.”