Fintech lender Gen H makes further rate reductions

The most recent rate cuts are between 15 and 27 bps across the board. The new rates are already live for both broker and direct customers.

Highlights from the latest round of rate cuts include 80% LTV products with both two and three-year fixed rates seeing reductions of up to 0.17%, while 85% products are down by 0.20%.

Pete Dockar, Chief Commercial Officer at Gen H, said:

“We have always worked to offer the most competitive pricing we can for our customers. This week, we’ve had two opportunities to cut our rates and pass the benefits onto aspiring homeowners, and we’ve jumped on both. We’re glad to deliver these lower rates to both our direct and broker customers, and we remain committed to this approach. If we can offer lower prices, we will.”