Fintech mortgage lender Gen H has lowered rates across its range and brought out a sub-four per cent homebuying bundle product.
The mortgage rate changes will come into force on 21 December at 8:30pm.
The lender has released a five-year 60 per cent loan to value (LTV) fee-free homebuying bundle product priced at 3.94 per cent and its five-year fee version at the same LTV tier is 3.99 per cent.
The homebuying bundle includes in-house conveyancing service, discounted mortgage rate and free valuation on the property being purchased.
The firm’s five-year rates on with-fee products up to and including 80 per cent loan to value (LTV) are all below five per cent
Reductions of up to 0.15 per cent have been made across all other products.
Pete Dockar (pictured), chief commercial officer at Gen H, said: “2023 started with a bang at Gen H, when we were the cheapest residential lender in market. I’m delighted to end the year in much the same way.
“Our mission is to help more aspiring buyers access the life-changing milestone that is homeownership, and we hope these rates will be a welcome gift to many this holiday season. We want people to believe that homeownership isn’t out of reach for them – and our job won’t be done until this is true for everyone.”
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.
