Here is the latest release from Gen H (Generation Home). To view our products or for more information and tools you need to control and develop your business, visit our website here or contact the Brilliant Solutions team.
Announcement
Gen H further reduces mortgage rates
As the first lender to drop rates 2 weeks ago amid deeply turbulent economic conditions, Gen H have doubled down on their commitment to keep their rates as low as they can, further strengthening their competitive positioning and supporting more people onto the ladder.
Today, Gen H has announced reductions on most of its products up to 95% LTV by up to 16 bps. The new rates are already live for both broker and direct customers.
Competitive highlights:
● 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)
Recognising that the cost of a mortgage continues to be a limiting factor for many aspiring owners, Gen H remains committed to keeping prices as low as they can. Today’s further rate reductions pair with the lender’s popular homebuying bundle, which bundles legal services with a Gen H mortgage for cheaper rates.
Homebuying bundle gets cheaper rates for home movers
Gen H recently expanded their first-time buyer bundle to include home movers. When clients bundle their Gen H mortgage with conveyancing from Gen H Legal, they get access to exclusive reduced mortgage rates