Godiva launch new BTL range

Nia Williams

January 15, 2010

Highlights include:

• 4.49% Flexx for Term at 60% LTV with no early repayment charges

• 4.75% Flexx for Term at 70% LTV with no early repayment charges

Godiva has also extended its previous remortgage only schemes to also include purchases:

• 4.74% 2 year fixed mortgage (until 31.03.2012) at 60% LTV

• 5.24% 2 Year Fixed mortgage (until 31.03.2012) at 70% LTV

• All products have booking and arrangement fees of £1050

• One valuation up to £680 is included with all buy-to-let mortgages.

Colin Franklin, managing director of Godiva Mortgages, said: “There is a whole range of buy-to-let products out there, some with arrangement fees of up to 3.5% which would cost £5,250 on the average £150,000 loan. Given our overall fees are £1,050, combined with excellent rates and service, we are confident introducers will find a Coventry buy to let product to suit their clients’ needs.”

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