Gen H reduces high-LTV mortgage rates

Gen H has announced its second round of mortgage rate cuts in as many weeks, this time focusing on high-LTV products.

Standard two-year rates at 85% LTV and above have reduced by 0.25%, while standard three and five-year rates at 85% LTV and above are down by up to 0.18%.

The lender has also made smaller improvements to high-LTV homebuying bundle rates. The homebuying bundle comprises a Gen H mortgage with conveyancing from Gen H Legal, the lender’s independent conveyancing firm.

Gen H recently launched New Build Boost, a private mortgage scheme designed to help aspiring homeowners with small deposits and no access to family support onto the housing ladder. 

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.”