Godiva Mortgages has cut the rate on its 50% LTV buy-to-let mortgage.
In a move that mirrors that of Coventry BS, the current variable rate for term has been reduced by 0.66% to an impressively low 3.99%.
As with the previous deal, the fee remains at £1,749 and the incentive package of free valuation (max £680) for all and free legal fees for those remortgaging continues to be offered.
Whilst this new rate takes second spot in order of rate for this term and misses out on top rate by a whisker, only those with a 50% deposit will be able to apply.
Four out of five Moneyfacts stars have been awarded.
Find the best mortgage rate - Compare best selling mortgages
Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.
Moneyfacts.co.uk will, like most other websites, place cookies onto your computer’s
hard drive. This includes tracking cookies.