Gen H has cut rates across its two, three and five-year fixed rates by up to 0.5 per cent and brought out select sub-five per cent mortgages.
Decreases of between 0.2 per cent and 0.5 per cent have been applied to deals at 60, 70, 75 and 80 per cent loan to value (LTV) for two, three and five-year fixed rates.
The lender has brought out a competitive homebuying bundle two-year fixed rate 60 per cent LTV at 4.99 per cent, a three-year fixed rate at 4.84 per cent and five-year fixed rate at 4.87. All come with £999 fee.
Five-year fixed rates at 60 per cent LTV have been lowered by up to 0.32 per cent, two and three-year fixed rate at the same LTV tier have been cut by around 0.5 per cent.
Two-year fixed rates between 70 and 80 per cent LTV have decreased by 0.2 per cent, 022 per cent for three-year fixed rates and 0.26 per cent for five-year fixed rates.
Gen H’s chief commercial officer Pete Dockar said: “It has been a very busy few weeks for our team as we’ve taken every opportunity to reduce our rates. This is one of the benefits of our tech-led business model – we are able to pivot fast if it benefits our customers, and lower rates always do. 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-five per cent rates before Christmas, all while continuing to develop the innovative features that give so many buyers a much-needed boost onto the property ladder.”
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
