Colin Franklin, managing director of Godiva Mortgages, said: “Following feedback from brokers, we are delighted to extend our range of residential and offset mortgages up to 85% LTV.
"With a choice of fee structures, borrowers can now enjoy the benefits of our fantastic residential and offset 2-year fixed rate mortgages.
"We are also pleased to reduce the rate on our members’ first-time buyer product to a best buy rate of 4.99% down from 5.19%.
"This 5-year fixed rate comes with a range of popular features including a £500 IKEA voucher, no arrangement fee and is available up to 90% LTV.
"All this plus our popular Offset Flexx for term mortgage at 4.49%. With no ERCs and unlimited overpayments, we expect this mortgage to be popular with borrowers looking for ultimate flexibility.
"And don’t forget, all our residential and offset mortgages include a valuation up to £670 and a legal package for remortgages. As always, there is something for everyone at the Coventry.”