This includes reductions of 0.25% on two-year fixed standard rates at 85% LTV and higher, as well as cuts of up to 0.18% across three- and five-year fixed standard rates at the same tiers.
The lender has also made smaller reductions to its high-LTV home buying bundle rates, which are open to borrowers who take out a Gen H mortgage and then use its Gen H Legal conveyancing service.
Pete Dockar, chief commercial officer at Gen H, said: “We’re delighted to expand our recent series of rate cuts to include our high-LTV products.
“Market conditions are lending themselves ever so slightly to the benefit of first-time buyers, with a gentle market lull following the stamp duty deadline and, indeed, Trump’s tariffs driving swap rates down. As ever, we’re moving quickly to benefit as many aspiring homeowners as we can, and making hay while the sun shines.”
The lender recently launched an alternative to the Help to Buy scheme, New Build Boost, which is a private mortgage initiative catered to first-time buyers with smaller deposits and no access to family support. It gives borrowers with a 5% deposit an 80% LTV mortgage, while the 15% gap is filled by an interest-free loan supported by the housebuilder.
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