Editor's note: This brief was summarised by The Property AI Newsroom from a report by Mortgage Solutions. Read the original article for full details.

Gen H Reduces High-LTV Mortgage Rates Following Strong July Performance

Gen H has reduced rates across its higher-loan-to-value (LTV) mortgage range by up to 40 basis points (bps). The lender reported that July 2026 was its strongest month for mortgage applications so far this year.

The lender confirmed that its 85% LTV rates have been cut by 40bps, while rates at 90% LTV and 95% LTV have each been reduced by 10bps. Gen H’s New Build Boost rate has also fallen by 10bps to 6.44%, which the lender said equates to an effective rate of 5.42%. These revised rates are now available to brokers on Gen H’s panel.

Gen H stated that July 2026 was its best month for mortgage offers since May 2024, and its second-best month for completions in 2026. The value of completions increased by 34% year-on-year. Two-thirds of applications received in July involved two or more areas of complexity, such as self-employment or complex income arrangements.

The lender attributed its recent performance to continued demand from borrowers, including those described as historically under-served, and to operational efficiencies from recent technology investments. Gen H reported that the introduction of artificial intelligence (AI)-powered document reviewers and packaging agents has improved case processing, with the number of ‘one-touch’ underwrites doubling in recent months.

These developments may be of interest to UK letting agents and inventory clerks monitoring mortgage market trends, particularly in relation to high-LTV lending and new build properties.