Godiva reduces buy-to-let rates

Godiva Mortgages has cut the rates on its two-year fixed rate buy-to-let mortgage from 4.74% to 4.59% - a reduction of 0.15%

The new product is part of the buy-to-let range offered by Godiva including; +3.35% two-year base rate tracker, with a LTV of 60% and 4.65% flexx for term, with a 60% LTV.

Colin Franklin, managing director of Godiva Mortgages, says: “We are very confident that introducers will find a buy-to-let product in our range to meet the needs of their clients.

“Our +3.35% BBR tracker has been extremely popular and we are certain that our new reduced fixed rate of 4.59% will be a welcome addition to our competitively priced range.”