"We’ve been able to be agile with our pricing, and this time it’s to the benefit of buyers with smaller deposits in particular."
Gen H has introduced a further round of mortgage rate cuts specifically targeting those with smaller deposits.
Highlights include a five-year fixed rate at 95% LTV, reduced to 4.94% in the standard range and 4.88% in the homebuying bundle range.
Elsewhere across the range, all two, three and five-year products have been reduced by up to 11 bps.
Last week, Gen H announced a series of changes to its credit criteria to improve mortgage accessibility for aspiring homeowners.
Pete Dockar, Gen H’s chief commercial officer, said: "We’re thrilled to have made these reductions today to make sure our broker partners have the best options available for their clients. We’ve been able to be agile with our pricing, and this time it’s to the benefit of buyers with smaller deposits in particular.”
