Gen H has cut home loan prices by up to 50 basis points and launched sub-5% rates across selected two-, three- and five-year products. 

The specialist lender adds its reductions range between 20bps and 50bps across its 60%, 70%, 75% and 80% loan-to-value ratios across these terms. 

Its homebuying bundle rates comprise two-year 60% LTVs at 4.99%, three-year deals at 4.84% and five-year offers at 4.87% — all with a £999 fee. 

Other highlights include:

• 60% LTVs reduced by 32bps for five-year offers 
• 60% LTV reduced by 50bps for two- and three-year products 
• 70%, 75% and 80% LTVs down by 20bps for two-year, 22bps for three-year and 26bps for five-year deals 

Gen H chief commercial officer Pete Dockar says: “These cuts are giving our customers even more options.  

“Now, we’re heading into December with optimism and are thrilled we’ve been able to move at pace to introduce selected sub-5% rates before Christmas, all while continuing to develop the innovative features that give so many buyers a much-needed boost onto the property ladder.”  

The firm’s 85%, 90% and 95% LTV rates are unchanged.