Coventry Intermediaries cuts rates

Coventry Intermediaries has reduced rates and fees on selected products across its Godiva buy-to-let range.

It is now offering the following deals:

  • 4.30% – reduced from 4.49% – two-year fixed rate, up to 65% LTV, with a £250 booking fee and no arrangement fee.
  • 3.99% two-year fixed rate, up to 65% LTV, with a £250 booking fee and £749 arrangement fee – reduced from £1,249.
  • 4.49% – reduced from 4.75%, Flexx for Term, up to 65% LTV, with a £250 booking fee with no arrangement fee and no ERCs.

It has also launched a number of new products for residential and offset borrowers.

Colin Franklin, managing director of Godiva Mortgages, says: “Hot on the heels of our recent residential rate cuts, we have now reduced our prices even further. We have lowered our rates and arrangement fees on selected two-year fixed and Flexx for term buy-to-let mortgages.

“So investors no longer have to choose between a low rate and a small upfront fee – they can have both.”