The changes to the range, effective from tomorrow, include the introduction of a residential 2-year fix at 65% loan to value at a rate of 3.05%, a residential 2-year fix at 3.55% available up to 80% LTV and a residential 2-year offset fix at 3.30% available up to 65% LTV.
Buy-to-let introductions include a flexx Bank Base Rate tracker at +3.49%, capped at 4.99% for two years available at 65% LTV with no ERCs, and a flexx 2-year fix at 3.75% available up to 65% LTV with no ERCs.
Colin Franklin, managing director at Godiva Mortgages, said: “Many homeowners are on standard variable rates between 3% - 4% and wondering what to do for the best. Our new range offers them the ability to move to a similar, often lower, fixed rate for only £199 with a valuation and legal package included for remortgagors.
“And for buy-to-let investors who are also looking for low rates and ultimate flexibility, our two year range with no ERCs is perfect. So whether it’s for a remortgage, house purchase, or a buy to let investment, there is something for everyone at the Coventry.”
