Gen H and Keystone Property Finance cut rates – round-up

Gen H’s two-year rates will fall by 0.15%, while its three-year rates will decrease by 0.2%.

The lender’s five-year high-loan-to-value (LTV) products will decrease by 0.05%.

Brokers on Gen H’s panel can access the rates on the lender’s website or via its broker platform Gen H Pro, the latter of which has been updated and went live earlier this year.

Pete Dockar, Gen H’s chief commercial officer, said, “What better way to start a new year than lower rates and with a refresher on what makes us different? Gen H is built to embrace complexity in customer circumstances, to underwrite sensibly and flexibly, and to open doors that would otherwise remain closed with our booster products. It’s a holistic approach to redefining borrowing that has made a difference for thousands of people.”

Earlier this month, Gen H announced a funding partnership with Penrith Building Society.

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Keystone Property Finance lowers rates by up to 0.15%

Keystone Property Finance has lowered all its two- and five-year fixed rates across its standard, specialist, expat, holiday let and product transfer ranges by up to 0.15%.

Standard products begin at 3.49% at 70% LTV, while specialist products start at 3.54% up to 70% LTV.

Expat products are priced from 5.04% at 65% LTV and holiday lets go from 5.19% up to 65% LTV.

Product transfer and product transfer plus products begin from 5.14% up to 65% LTV and Switch and Fix deals start from 6.44% up to 65% LTV.

Elise Coole, managing director of Keystone Property Finance, said: “We’re delighted to be able to reduce our rates at a time when many other lenders’ rates are still increasing. While swap rates accelerated after the new year, we’ve seen settled funding conditions over the past few days, which has allowed us to reprice our range.

“Our commitment to pass on those reduced funding costs to borrowers without delay is what sets us apart in the specialist buy-to-let market – and it is something we will continue to do.”