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Coventry launches flat fee BTL range

Sarah Davidson

July 25, 2012

Product details are below:

5 year Fixed Rates

• 4.75%, fixed until 31.10.17, 65% LTV, £250 booking fee with £1249 arrangement fee.

• 4.89%, fixed until 31.10.17, 65% LTV, £250 booking fee with £999 arrangement fee.

• 4.99%, fixed until 31.10.17, 65% LTV, £250 booking fee with no arrangement fee.

Flexx for Term Rates

• 4.35%, Flexx for Term, 65% LTV, £250 booking fee with £999 arrangement fee, unlimited

over payments with no ERC’s.

• 4.49%, Flexx for Term, 65% LTV, £250 booking fee with no arrangement fee, unlimited over

payments with no ERC’s.

Colin Franklin, managing director of Godiva Mortgages, said: “Whilst other lenders might offer headline initial rates, they often come with large percentage fees – our buy-to-let range is different. Whatever the loan size investors can choose a pay rate and fee structure which suits them.

“As well as low flat fees, all of our products include a valuation up to £700 and a remortgage transfer service making a competitively priced package. So whatever your clients are looking for, we are confident that our extended range has something for everyone.”


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