Gen H launches intermediary exclusives and announces rate cuts Mortgage Strategy

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Generation Home (Gen H) has launched intermediary exclusives, effective from today (27 January).

As part of the exclusives, brokers on the lender’s panel will be given free valuations on their applications.

Brokers will also be provided with free legal work on home purchases provided by Gen H Legal for members of the Gen H Club.

The lender has also announced it will lower rates up to and including 80% loan-to-value (LTV) from 30 January.

Rates on two-year fixes from 60% LTV to 75% LTV with a fee of £999 have been reduced by 15 basis points (bps) to 4.64%.

Meanwhile, rates on two-year fixes at 80% LTV with a fee of £999 have been reduced by 23 bps to 4.64%.

The lender will also temporarily withdraw its with-fee, two-year fixed-rate products above 80% LTV.

Products without fees above 80% will continue to be available, and rates will remain unchanged.

Gen H co-founder and chief executive Will Rice says: “We’re thrilled to be delivering on our promise to keep creating greater value for our broker partners and customers.”


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