Gen H increases LTV limits on new build mortgages

Gen H increases LTV limits on new build mortgages

Gen H has introduced higher loan-to-value (LTV) lending for new build properties, in a move aimed at unlocking homeownership for buyers held back by deposit constraints. The change is expected to particularly benefit customers with complex income profiles or those requiring longer mortgage terms, who may otherwise sit at the margins of Gen H’s most flexible lending criteria. The announcement builds on Gen H’s broader support for new build buyers…