The five-year fixed rates set to launch include a loan offered at 4.75% at 65% LTV, with a £250 booking fee and a £1249 arrangement fee, a 4.89% fix with the same booking fee but a £999 arrangement fee and a 4.99% product with a £250 booking fee, but no arrangement fee.
The Flexx for Term Rates, or term variable rates include a 4.35% mortgage at 65% LTV and a 4.49 rate with a lower range of fees.
Colin Franklin, managing director, Godiva Mortgages, (pictured) said: “Whilst other lenders might offer headline initial rates, they often come with large percentage fees – however, our BTL range is different. Whatever the loan size, BTL investors can choose a pay rate and fee structure which suits them.”
He continued: “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.”
