This is the only BTL fixed deal without early repayment charges currently available on the market, according to Godiva.
• 5.35% Flexx Fixed mortgage until 30.06.13 at 60% loan to value.
The range also contains a number of competitive new products including;
• +3.85% Base rate tracker mortgage (until 30.06.12) at 60% Loan to Value
• 4.65% Flexx For Term mortgage at 60% Loan to Value
• 4.74% Fixed mortgage (until 30.06.12) at 60% Loan to value
• 5.50% Flexx For Term mortgage at 70% Loan to Value
• All products have booking and arrangement fees totaling £1,050
• One valuation up to £680 is included with all Buy to Let mortgages
Colin Franklin, Managing Director of Godiva Mortgages, said “ We are delighted to launch a new fixed rate BTL product which is the only one of its kind currently available on the market. It is perfect for customers looking to protect themselves from potential rate rises, whilst having the flexibility to make unlimited overpayments without penalty.”
“Our competitive fees of £1,050, excellent rates and award-winning service are an intermediary-friendly combination and we are confident introducers will find a Godiva Buy to Let product in our new range to suit their clients needs.”