View more on these topics

Godiva launches fees-free deals

Godiva Mortgages has launched two fee-free products in its buy-to-let and self-cert ranges.

The buy-to-let flexx, which has a rate of 6.35%, and the self-cert flexx, which is at 6.25%, are both available up to 85% LTV. Both have free valuations, free legal fees for remortgages and no early repayment charges. There is also no booking fee and no arrangement fee.

Colin Franklin, managing director of Godiva, says: “We have been delighted with the response to Godiva in the specialist lending market and want to deliver what our introducers need for their clients.

“These products offer complete flexibility – no upfront fees and no ERCs – and we know they’ll be popular with brokers and their clients.”

Recommended

CML’s fees stance slammed

A broker has branded the Council of Mortgage Lenders “duplicitous” for changing its stance on exit fees.In January, the CML endorsed the Financial Services Authority’s good practice on exit fees policy, under which the FSA gave lenders until February 28 to decide whether they would charge existing customers no exit fees, the original exit fees, […]

A third of tenants are aware of deposit protection schemes

A third of all tenants are aware of tenancy deposit protection schemes, a survey by the Tenancy Deposit Scheme reveals.Letting agents and landlords were also questioned in the survey, carried out in May.They showed a high level of awareness of mandatory deposit protection, but 38% felt negative about it and 34% were indifferent to the […]

Merger threat to surveyors

Small surveyor firms could be forced to consolidate if rum-ours that e.surv is looking to incorporate Barclays’ surveying and valuation firm Ekins and Cheltenham & Gloucester’s valuations arm prove to be true.Last week, sources close to the deal revealed that if it takes place e.surv will instantly secure more than 30% of the surveying market, […]

Newsletter

News and expert analysis straight to your inbox

Sign up