Gen H has rate cuts across its product range by up to 65 basis points.  

The fintech lender says that home loan rates at 80% loan to value are down by up to 23bps, while 85%, 90% and 95% LTV rates have been cut by up to 65bps.  

Highlights among its first-time buyer bundle rates, which include mortgage and legal services, include:  

• FTB bundle rates on two-year fixes at 60%, 70%, 75% and 80% LTVs, with a £999 fee, are now 4.84%  
• FTB bundle rates on five-year fixes at 60%, 70%, 75% and 80% LTVs, with a £999 fee, are now 4.57%.  

Highlights among its standard rates include:  

• Two-year fixes at 60%, 70%, 75% and 80% LTVs, with a £999 fee, are now 5.06%  
• Five-year fixes at 60%, 70%, 75% and 80% LTVs, with a £999 fee, are now 4.66%  

The lender adds that it has lowered the rates on their 85%, 90% and 95% LTV products to support buyers with smaller deposits and has already introduced ‘boosters’ that allows buyers to increase what they can borrow, or get deposit help from family and friends.  

Gen H chief commercial officer Pete Dockar says: “We’ve created highly innovative products to help people onto the ladder – but we realise that sometimes the rates continue to be a blocker to homeownership.   

“That’s why we always work to keep our rates as low as we can.”