Gen H

#Brokers: We're making rate changes tonight at 5:30 pm, but for the first time, you can submit your application to lock in your rate without fully packaging your case. Upcoming rate changes: ⬆️ 2-year rates up to and including 80% LTV increasing by 10 bps ⬆️ 3- and 5-year rates up to and including 80% LTV increasing 20 bps ⬇️ The silver lining: 2- and 3-year 90% and 95% LTV rates decreasing by 10 bps 🏡 We're piloting a new packaging process where you can submit your app to lock in your rate, run the credit check and instruct the valuation – all before you package your case. Submit via Gen H Pro and you'll have 7 calendar days to add your documents pre-underwrite. View our current rates: https://lnkd.in/ejECCTjF Log in to Gen H Pro: https://lnkd.in/eQikx32m For intermediary use only #genh #mortgagerates #mortgagebrokers #ukmortgages #mortgagenews

🚨 Rate changes on 5 November 2024 at 5:30pm 🚨 You already know the story. Swaps are up so, sadly, we have to make some pricing adjustments. But it's not all bad news. ☀️ Here are the highlights: ⬆️ 2-year up to and including 80% LTV increasing by 10 bps ⬆️ 3- and 5-year up to and including 80% LTV increasing 20 bps ⬇️ The silver lining: 2- and 3-year 90% and 95% LTV decreasing by 10 bps 🏡 Head over to Gen H Pro to lock in our current rates: https://lnkd.in/esYnzrCm Need a hand with anything? Get us on broker@generationhome.com or 0330 808 1791. For intermediary use only #genh #ukmortgages #mortgagerates #mortgagebrokers #firsttimebuyers

In this week's email to our broker partners, we shared about Gen H Legal's new failed transaction fixed fee guarantee. Clients can choose to pay £175 + VAT up front, and then, if the transaction doesn't complete, this is all they'll have to pay (plus disbursements). If the transaction does complete, they'll need to pay the full quote. It's a nice way to get some extra peace of mind – which we all know is sorely lacking in the homebuying and selling process! Check out Gen H Legal: https://lnkd.in/ec8bXC-g For intermediary use only #conveyancing #genhlegal #ukhomebuying #firsttimebuyers

Being locked out of homeownership isn't just for first-time buyers 🔒 With ongoing financial pressures, some older borrowers are finding themselves 'cut out of the market completely' and struggling to qualify for better-value loan-to-value offerings. Homeownership should be an opportunity for everyone – and our unique affordability features are built to support this. Plus, The Bank of Mum and Dad is old news – it's all about the Bank of Family (and friends). 👀 With our income booster, a family member or friend can help boost a buyer's affordability. ♥️ We see parents helping their children ♥️ Children adding their own income to support their parents ♥️ Siblings helping one another ♥️ Friends lending a helping hand Plus, income boosters can support a first step onto the ladder, a move to a more suitable place or help stay in a family home. If you want to learn more about Gen H, visit https://lnkd.in/ehxRgz7C For intermediary use only. Income boosters are liable for the mortgage and are subject to the same affordability checks. #BankofFamily #Familysupport #homeownership #propertyladder #mortgages

One for the books 🥹 You know that we manually underwrite all cases and have really good criteria and strong affordability for clients with complex income, yes? Cases like Matt's are why we do what we do ⬇️ Read our criteria: https://lnkd.in/e-B77W9F Log in to Gen H Pro: https://lnkd.in/esYnzrCm #happycustomers #genh #ukmortgages #ukproperty #mortgagebrokers

Podcast recommendations needed: we can't have Sarah Courtnage out sharing about all things Gen H (and our recent 25 bps rate cuts) with no entertainment. Share yours below, please! ⬇️ View our rates: https://lnkd.in/eVTXDi-V Start a DIP: https://lnkd.in/esYnzrCm For intermediary use only (but recommendations welcome from all) #mortgagebrokers #ukmortgages #genh #brokers #mortgagerates

Exciting news – we've cut our rates by up to 25 bps. The highlights: 5-year 90%/95% LTV rates are down by 25 bps 2- and 3-year 90%/95% LTV rates are down by 16 bps 2- and 3-year rates up to and including 85% LTV are down by 15–25 bps The rates are live now for intermediary use only. View the new rates: https://lnkd.in/eBYiCMFV Log in to Gen H Pro to start a DIP: https://lnkd.in/e6ijPsfV For intermediary use only #genh #ratereduction #mortgagelending #ukmortgages #mortgagebrokers

“The pace of change in our industry is very slow and I think the progress made in the past five years has been disappointing. “To start with some positives, we’ve seen lenders such as Skipton Building Society and Accord Mortgages Limited put their necks out to help more first-time buyers, while service levels for mortgage applications have improved greatly across most lenders. “But, if we zoom out and look at the real problems facing home buyers - affordability, time to completion, transaction cost and complexity - the market has not made any inroads and in most cases we’re in a worse place than five or 10 years ago.” 👀 Another Tuesday read, sorted: catch Gen H CEO William Rice in Mortgage Introducer. https://lnkd.in/eRbhEu3G #genh #mortgagelending #innovation #ukmortgages

Got a minute? or 5? ⏰ It's time for a Gen H update. 😎 We're discussing everything from lending into retirement to how we now assess foster income. All information is accurate as of 17.10.24 | For Intermediary use only. If you stop paying your mortgage, you may lose your home. #GenH #mortgages #retirement #selfemployed #fosterincome #homebuying #firsttimebuyers #homemovers #remortgagers

Love to see this, thanks for sharing Gary Clarke! Always delighted to work with The Mortgage Store – we're really glad we could help Paul Mizon deliver a great customer outcome. 🙌