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Gen H drops rates by up to 60bps

by BestAdvice
20 July 2023
Generation Home appoints commercial director
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Gen H has cut rates and launched its expanded homebuying bundle, now designed to support the needs of first-time buyers and home movers in England and Wales.

Rates have been reduced by up to 60bps.

The homebuying bundle builds on the lender’s first-time buyer bundle, which launched to the lender’s entire broker panel and direct customers earlier this year.

When customers get their mortgage and legals through Gen H and Gen H Legal, the lender’s independent conveyancing arm, they’ll get discounted rates and an enhanced conveyancing service.

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To get bundle rates, homebuyers must use Gen H Legal for their purchase conveyancing. For the first time, however, they can also select Gen H Legal to handle their sale legals.

Pete Dockar (pictured), chief commercial officer at Gen H, said: “Earlier this year, we saw tremendous uptake of our groundbreaking first-time buyer bundle – proving that an ‘all under one roof’ approach to homebuying resonates deeply with this country’s aspiring owners.

“We’re delighted to now offer our unparalleled service and innovative products to all home movers with the homebuying bundle – alongside significant rate drops, no less! The dream of a seamless, end-to-end homebuying experience is here.”

Fiona Lumsden, head of legal practice at Gen H Legal, added: “When we launched Gen H Legal, we did so with the intention of creating positive change in the conveyancing industry. There is so much value in working with a supportive, proactive conveyancer, and the success of the first-time buyer bundle shows that.

“Now, I’m delighted that we’re able to act on purchases and sales to create an stress-free, positive homebuying experience for even more people across the UK.”

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