Generation Home (Gen H) has reduced fees to support buyers with small deposits.
Lenders have reduced their 90% and 95% Loan-to-Value (LTV) rates by up to 15 basis points for two years, but all products have dropped by 15bps over the three years. 
Additionally, Gen H has withdrawn its 60% and 70% LTV rates, increasing its five-year 90% LTV rate at 500 million bps at a rate of £1,499.
The new rate is live for brokers' panels.
Pete Dockar, Chief Commercial Officer at Gen H, said:
“Saving deposits is a huge job in today's economy. We're doing everything we can to support future buyers and keep mortgage costs as low as possible.”
Elsewhere, Molo Finance has reduced its two- and five-year fixed purchase (BTL) rate by 12bps.
The digital mortgage lending platform has reduced BTL rates for UK residents, with two-year fixed rates starting at 3.13% and five-year fixed rates starting at 4.73%.
Professional product charges for multi-unit freehold buildings, multiple resident homes, new builds and investor-led real estate start at 3.38% at a two-year fixed rate and 4.98% at a five-year fixed rate.
Non-resident fees start at 5.99%, while foreigners rates start at 5.24%.
Molo Distribution Director Martin Sims commented: This latest rate reduction strengthens our commitment to staying competitive and demonstrates a rapid response to market improvements. ”
