The alternative Help to Buy scheme has helped hundreds of buyers with an average boost of nearly £50,000.
The alternative Help to Buy scheme has helped hundreds of buyers with an average boost of nearly £50,000.
Gen H follows swap rate movement to slash rates across its range.
The lender's income booster product will help expand borrowing power for first-time buyers in the region.
Self-employed, contractors and zero-hour workers can now access 95% LTV lending when applying for a Gen H mortgage.
The lender has introduced a new senior business development role and a new corporate account lead role.
Cuts apply across the lender's core and interest-only ranges.
Changes to the lender’s credit score threshold will make it easier for people to buy a home, even with blips in their file.
Elsewhere, the lender has increased selected two, three and five-year rates.
Three-year rates have seen the largest reductions, with further cuts for five-year high LTV rates.
The median age of first-time buyers with a Gen H income booster in London is just 29, where the average without a booster is 35 – and this could add up to a £130,000...
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