Mortgage market sees first-of-its-kind lender-conveyancer duo
Gen H has announced the launch of its conveyancing arm, Gen H Legal, to all direct customers and its entire intermediary panel of more than 11,000 brokers across England and Wales.
The change, Gen H said, brings to life the lender’s vision of an end-to-end homebuying experience, combining mortgage and legal services under one roof.
Gen H, also known as Generation Home, added that Gen H Legal customers can enjoy benefits, including working closely with a dedicated conveyancer on their case; getting proactive, jargon-free updates; and paying simple, transparent prices with no hidden fees.
Gen H Legal has been licensed since October 2022, and was built in collaboration with internal and external partners. Gen H announced that it will continue to improve Gen H Legal’s system through the second quarter of this year. It is currently available for home purchases, and is a fundamental part of the lender’s first-time buyer bundle that launched last month. Gen H Legal will also become available for remortgages and home movers in the future.
“The launch of Gen H Legal is an enormous achievement for our team, who have been working diligently for two years to create a homebuying experience that can happen all under one roof,” Will Rice (pictured), chief executive at Generation Home, said.
“From an initial affordability calculation to the moment our customers get their keys, the Gen H and Gen H Legal teams will be there, creating a supportive, stress-free buying experience unlike anything else in the market today.”
Rebecca de Andrade, head of conveyancing at Gen H Legal, added that the demand for their conveyancing service has already surpassed their expectations, highlighting the gap in the market that Gen H Legal is poised to fill.
“By taking a proactive stance, we’re able to help the process move more quickly – even when faced with slow third-party contributors,” she stated. “Being paired with Gen H – affiliated but at arm’s length – allows us to create tremendous efficiency, and therefore value, for our customers.
“This means, finally, that high quality conveyancing is no longer reserved for those that can afford high prices. It’s our goal to set a new standard for what conveyancing can be.”
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