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Gen H rate cuts

ended 14. August 2023

Gen H has today announced further reductions across most of its product range. Highlights below. Any thoughts, send them across ASAP as this story is BREAKING.

  • 5-year homebuying bundle rates at 95% LTV are now 5.97% (with £999 fee) and 6.03% (without fee) 
  • 5-year homebuying bundle rates up to 90% LTV are all under 6% 
  • 2-year rates drop between 11- 14 bps (across most products)

2 responses from the Newspage community

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James Miles
Director - Mortgage Adviser at The Mortgage Quarter
Long may the rate wars begin but we’re still not seeing all lenders join the party or reduce them as quick as they hike them up. With rates changing daily and the top of pops having a new leader all the time, now is so important to talk to a broker when finding the right mortgage deal.
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Austyn Johnson
Founder at Mortgages For Actors
I dont actually recommend them very much, they are a bit too highly rated over the highstreet and other lenders can offer a lower rate and also help the client. I do like their income boosters though where you can add a family member to boost affordability, but thats not enough of a USP for me to be able to recommend them 99% of the time. Hopefully, these rate cuts will mean we can send some business over to them more often.