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Gen H becomes broker-only lender   – Mortgage Strategy

Gen H has moved to become a broker-only lender “as it works to forge deeper partnerships across the industry”.   The specialist lender says it will restructure its business and teams to focus their efforts on delivering a strong end-to-end service alongside its conveyancing unit Gen H Legal.   The firm, which ....

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Primis Mortgage Network joins Gen H's broker panel

Gen H has announced that Primis Mortgage Network will join its broker panel.  The partnership will provide Primis members with access to Gen H’s rates and range of products, including its income and deposit booster features.  Primis Mortgage Network proposition director Vikki Jefferies comments: “We are delighted to ....

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Gen H cuts rates by up to 0.51% on 2- and 5-year fixes

Generation Home has cut rates up to 0.51% across its two-and five-year fixed rates. The lender has lowered its five-year fixed rates starting at 5.43%, reduced by 0.41% from 5.84%, on LTVs up to 80% with a fee of £999. The two-year fixed has been reduced to 5.20% by 0.22% from 5.42%, for products up to 80% LTV with a ....

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Gen H trims 2-year resi rates by 8bps   | Mortgage Strategy

Gen H has cut rates on two-year fixed-rate residential loans on 60%, 70% and 75% loan-to-value bands as well as a reduction on the stress rate it applies to customer affordability tests.    The fintech lender says its new two-year rates have fallen by 8 basis points to 5.42%, with a £999 fee, and 5.75%, with no fee. ....

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Legal & General acquires stake in Generation Home

Generation Home (Gen H) has raised a Series B round of funding led by Legal & General.  Legal & General has acquired an 18.75% stake, taking a seat on the board alongside Peter Thiel’s Mithril Capital and Brent Hoberman’s Firstminute Capital.  The funding from Legal & General will be used by Gen H to ....

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