Rate reductions within Godiva BTL range

Published on

Coventry Intermediaries has reduced rates and fees on certain Godiva buy-to-let products.

It is now offering a two-year fix at 4.30%, down from 4.49%. It is available at 65% LTV, with a £250 booking fee but no arrangement fee. Alternatively, it is available at 3.99%,with a £749 arrangement fee (reduced from £1,249).

At 4.49% (reduced from 4.75%) is a Flexx for Term deal, again at 65% LTV. It comes with a £250 booking fee, no arrangement fee and no ERCs.

It has also launched a number of new products for residential and offset borrowers.

Colin Franklin (pictured), managing director, Godiva Mortgages, said: “Hot on the heels of our recent residential rate cuts, we have now reduced our prices even further.

“We have lowered our rates and arrangement fees on selected two-year fixed and Flexx for term buy-to-let mortgages, making our new range even better. So investors no longer have to choose between a low rate and a small upfront fee – they can have both.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Financial services firms sign skills pact ahead of Chancellor’s Mansion House speech

More than 20 financial services organisations have signed a new agreement with government aimed...

Brilliant Solutions partners with Box Socials

Brilliant Solutions has partnered with Box Socials to give its members discounted access to...

Mortgage rates fall at fastest pace in almost two years

Fixed mortgage rates have recorded their biggest monthly reductions for almost two years, as...

Solo first-time buyers face almost a decade of saving before they can buy

Solo first-time buyers face saving for almost a decade before they can afford to...

Redwood Bank strengthens underwriting team with senior appointment

Redwood Bank has appointed Omkar Hushing as senior underwriting manager as it continues to...

Latest publication

Other news

Q&A: Claire Cherrington, PMS and Bankhall

Mortgage Soup fires the questions at Claire Cherrington, director of PMS and Bankhall. Mortgage Soup...

Financial services firms sign skills pact ahead of Chancellor’s Mansion House speech

More than 20 financial services organisations have signed a new agreement with government aimed...

How brokers can secure better client outcomes in a volatile market

Experience has always counted in the mortgage market. Brokers who worked through the financial...