Gen H has announced a series of mortgage rate cuts across the majority of its residential range, with the changes going live at 5.30 pm today.

The largest reduction of 20bps applies to its 60% LTV two-year products. Elsewhere, rates at 95% LTV fall by 18bps on five-year fixes, with two- and three-year products at the same LTV reduced by 15bps.

Five-year fixes at 85% and 90% LTV will also see a 15bps cut.

Across the mid-LTV bands, Gen H is reducing two-year rates by 10bps between 70% and 90% LTV, while three-year products between 60% and 90% LTV also fall by 10bps.

Five-year rates between 60% and 80% LTV are reduced by 5bps.

INTEREST-ONLY

The lender’s interest-only range will broadly mirror these changes, although the 60% LTV two-year interest-only product will reduce by 10bps rather than 20bps. Gen H confirmed that its New Build Boost rate remains unchanged at 5.79%.

Gen H is known for creating the original income booster mortgage, a modern version of a joint borrower, sole proprietor structure. In 2025, it also launched New Build Boost, a market-first equity loan scheme aimed at helping buyers with smaller deposits and no access to family support purchase new build homes.

Sara Palmer (pictured), head of sales and distribution at Gen H, said: “There’s no better way to begin a new year than with rate reductions designed to support borrowers across the homeownership journey.

“The market was slightly cooler toward the end of 2025, and I’m hopeful that suppressed house prices will translate into greater accessibility for buyers across the country.

“These rates, paired with our market-leading affordability tools and manual underwriting, should help brokers deliver lots of good news to their clients this month.”