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Gen H has announced mortgage rate cuts of up to 30bps on selected two-year products.
The lender said its two-year rates at 60%–80% loan-to-value (LTV) will fall by 30bps, while two-year 80%–90% LTV products will reduce by 11bps.
In addition, five-year rates at 85%–90% LTV will decrease by 21bps.
Generation H also confirmed its New Build Boost rate will drop by 15bps to 6.39%, delivering an effective rate of 5.38%.
The changes take effect from 5:30pm on Monday, 25 May.
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