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Gen H slashes rates by up to 20bps

ended 17. February 2026

Any thoughts on the press release from Gen H below, send them across by 08:30. 

17 February 2026, LONDON, UK –– Fintech lender Gen H has announced rate cuts across its range up to 20 bps. These cuts are already live and available for intermediaries on Gen H’s panel.

The highlights:

●5-year 60% LTV has gone down by 20 bps

●5-year 70–80% LTVs have gone down by 15 bps

●3-year 60–80% LTVs have gone down by 10 bps

●2-year 70–80% LTVs have gone down by 10 bps

●2-year 60% LTV has gone down by 5 bps

●All 90% LTV products have gone down by 5 bps

●New Build Boost rate decreased by 10 bps to 5.79%

Buyers who use New Build Boost only pay interest on their 80% mortgage, so the monthly payments work out comparable to typical 95% LTV products despite the bigger loan. This announcement comes amidst a busy Q1 for Gen H, following its recent launch to Scotland and another exciting announcement on deck for next week. Gen H launched to Scotland exclusively with Mortgage Advice Bureau on 9th February and is planning to expand its broker panel north of the border in the coming months.

Sara Palmer, Sales and Distribution Director at Gen H, said,

“Gen H is a fintech lender, which affords us one major advantage: agility. Swaps moved in the right direction this week and our pricing committee took every opportunity to make cuts wherever we could. Now it’s over to our intermediary panel to get these rates to the right clients!”

––ENDS––

2 responses from the Newspage community

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Editor
Mark O'Connor
Mortgage Advisor at Onlinemortgageadvisor.co.uk
This is good news from one of the most innovative lenders in recent years. My feeling is that we will see more lenders follow this lead and drop rates. Gen H have always been priced higher than the mainstream and cutting rates can only be good for those borrowers who are a good fit for them. Swap rates are moving in the right direction for more lender rate cuts across the board, mainstream and specialist lenders alike.
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Editor
Zaman Sheikh
Director at Northwood Chelmsford & WN Properties Shenfield
This morning's bleak job market data has massively boosted the chances of a rate cut next month. Markets are now pricing in a roughly 75% chance of a base rate cut and that will increase further if inflation drops towards target tomorrow as expected. Rates creeping down will be a boost to first-time buyers in particular, for whom every small rate cut counts. Swap rates should continue to edge down after this grim jobs data and that will feed into mortgage rates, which will support transaction levels in the months ahead. Lenders have already been cutting rates for FTBs across the board and further rate cuts will put even more fire in the belly of first-time buyers. First-time buyers are really active at present. In Essex, we are inundated with FTBs relocating out of London and into Essex areas such as Shenfield, Brentwood and Chelmsford as their money can go a lot further here and they get a lot more bang for their buck.