Godiva gives BTL market a boost

Category: Mortgages
Date: 7/16/2010

Godiva Mortgages has given the buy-to-let mortgage a welcome boost.

The rate payable on its two year fixed rate buy-to-let mortgage deal has been reduced to 4.89% to 30 September 2012.

Its incentive package of a free valuation (maximum £680) has been retained, as have the free legal fees for remortgages and the fee of £1,749.

The deal, which requires a 40% deposit, is competitively priced and, although not quite the top rate for this term, has the advantage of the flat fee and an incentive package.

Four out of five Moneyfacts stars are well deserved.

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