Small cuts of 15-20bps have been made to two-year fixed rates in the 85-90% LTV bracket.
Part repayment and part interest-only mortgages at 95% LTV – which were launched on 1 October – have been reduced by up to 20bps for two- and three-year fixed rates.
The lender’s New Build Boost rate, which offers borrowers a private equity loan option, has been lowered by 20bps to 5.79%.
Sara Palmer (pictured), director of sales and distribution at Gen H, said: “We know brokers are facing a challenging landscape and ongoing market volatility is not making their job any easier. That’s why we felt it was critical to make a decisive move to pass on as many rate cuts as we possibly could.”
Palmer joined the lender from Shawbrook earlier this month.
Aldermore Insights with Jon Cooper: Edition 5 – Feeling enthusiastic about next year’s run-of-the-mill market
Sponsored by Aldermore