Gen H has announced significant cuts to its homebuying bundle rates of up to 40 bps this week. The homebuying bundle is available for customers who take a Gen H mortgage and conveyancing with Gen H Legal, the lender’s independent conveyancing arm.

Key features include:

Two-year homebuying bundle rates are decreasing by up to 40 bps

Three-year homebuying bundle rates are decreasing by up to 30 bps

Five -year homebuying bundle rates are decreasing by up to 20 bps

In recent months, Gen H has announced a series of customer-focused launches, such as credit commitment transparency to help facilitate important conversations between broker and client about affordability.

Gen H has also launched updates to its five-year stress rates, boosting affordability in these products for aspiring buyers, home movers and remortgagers.

Gen H chief commercial officer Pete Dockar, Gen H Chief Commercial Officer, said:

“Gen H Legal was founded on the same ethos as Gen H – to reimagine the tools and processes that could make homebuying simple, transparent and fair for buyers in an incredibly difficult market.”

He added: “Whilst the two businesses share this founding principle, Gen H Legal is independently operated by a highly skilled and experienced team of committed solicitors and assistants, and we are delighted that we’ve been able to bring this productive, customer-focused relationship to market.”