The residential fixed product has been cut from 3.48 to 3.18 at 65% LTV and the five year rate at 65% LTV is also heading down from 3.99% to 3.89%.
For the buy-to-let range, the two year fixed has been reduced from 4.25% to 3.99% at 65% LTV, offered with a £250 booking fee and a £1,249 arrangement fee.
Colin Franklin, managing director, Godiva Mortgages, (pictured) said: “Our new lower priced range offers real value for money. With a great range of residential fixed rate deals starting from as low as 3.18%, borrowers can have the peace of mind of a fixed monthly repayment whilst enjoying a highly competitive low rate.
“Buy to let investors will not miss out either, as we have dropped our two-year fixed rate of 4.25% down to 3.99%. With a range of savings to be made on reduced fees, low rates and a valuation up to £700 included, we are confident that there is something for everyone at the Coventry.”
