Godiva reduces Buy to Let base rate tracker by 0.50%

Godiva Mortgages have reduced the pay rate on their 2 year Buy to Let base rate tracker by 0.50%. Previously this product was available at +3.85% above base for two years, and has now been slashed to +3.35%.

The new product details are as follows: 

+3.35% base rate tracker until 30.06.12
Maximum of 60% loan to value
Competitive fees of £1,050
Legal work for remortgagors and a valuation up to £680 included

Colin Franklin, Managing Director of Godiva Mortgages, said " We are delighted to launch this new Buy to Let base rate tracker - it is perfect for customers looking to take advantage of historically low interest rates."

"With competitive fees of £1,050 and legal work included for remortgagors, we are confident that introducers will find our new buy to let base rate tracker to be a popular choice for clients.”