Godiva 'innovating in the buy-to-let market'

Godiva Mortgages has launched a new range of buy-to-let products including a three-year fixed-rate at 5.35 per cent.

The Flexx Fixed mortgage deal is available at 60 per cent loan-to-value LTV with no early repayment charges.

Among the other new Godiva offerings is a 3.85 per cent two-year tracker mortgage, a 4.65 per cent Flexx For Term deal and a 4.74 per cent mortgage at 60 per cent LTV.

Colin Franklin, managing director of Godiva Mortgages, said the firm was delighted to launch a new fixed-rate buy-to-let product, the only one of its kind currently available on the market.

"It is perfect for customers looking to protect themselves from potential rate rises, while having the flexibility to make unlimited overpayments without penalty," he stated.

"Our competitive fee of £1,050, excellent rates and award-winning service are an intermediary-friendly combination."

Last week, Britannia and The Co-operative Bank jointly launched a new three-year tracker and a five-year capped rate mortgage.

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2010-03-22 12:53:44 © Moneyextra.com