The loan to value is 65% with no ERCs. As with the rest of Coventry Intermediaries’ buy-to-let deals, this new product comes with one basic valuation and a legal package for remortgagors.
Colin Franklin, managing director, Godiva Mortgages, said: “Our unique range of fixed rate buy-to-let mortgages with no ERCs have been very popular, so we are delighted to extend our range even further. As always with Godiva, this product is available to brokers throughout the UK – not just a select few.
“In today’s uncertain market many investors are looking to lock in their payments while still having complete flexibility to overpay or switch products without paying ERCs. We are confident that our latest BTL deal will be a welcome addition to our popular range.”
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