Occasionally Mortgage Shop's comments are featured in the press, here you will find some examples of news stories that we have contributed to featuring Gen H
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Over the past two days, challenger lenders like MPowered Mortgages and Gen H have introduced a fresh wave of rate reductions. Citing the recent dip in swap rates, MPowered said it is “taking the opportunity to pass the savings to you and your customers by lowering all of our 2-year fixed rates.” In light of this, along with Wednesday’s widely welcomed inflation announcement that saw inflation dip to 7.9%, brokers have been sharing their predictions as to where the market is headed, and if more rate reductions, particularly from the ‘big’ high street lenders, could be on the horizon. Read Expert Opinion: https://theintermediary.co.uk/2023/07/specialist-lenders-spearhead-rate-cuts-but-will-high-street-follow/
Gen H will launch a product range for first-time buyers (FTBs) that combines its mortgage and legal services under one roof, effective tomorrow. The lender's FTB bundle includes access to a conveyancing service provided by Gen H Legal, exclusive reduced mortgage rates on two-, three- and five-year fixed rate products at loan-to-values (LTVs) up to 95%, and free valuations. Gen H Legal says it will pass all its profits back to the customer in the form of lower interest rates. The UK's top advisers give their opinions. https://www.mortgagestrategy.co.uk/news/gen-h-combines-mortgage-and-legal-services-for-ftbs-in-new-product-range/
Brokers have said they are skeptical of fintech lender Gen H's new in-house conveyancing service that promises to pass profits back to the customer. The more long in the tooth advice firms have read, and seen it all before it seems https://www.ftadviser.com/mortgages/2023/03/14/brokers-sceptial-of-lender-gen-h-s-conveyance-proposition/
Over the past two days, challenger lenders like MPowered and Gen H have turned the tables with a fresh wave of rate reductions. Citing the recent dip in swap rates, MPowered said they are “taking the opportunity to pass the savings to you and your customers by lowering all of our 2-year fixed rates”. UK newswire, Newspage, asked brokers for their views and whether the high street will soon follow suit. https://ifamagazine.com/specialist-lenders-spearhead-rate-cuts-but-will-high-street-follow-brokers-give-their-views/