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Coventry Intermediaries – Godiva Mortgages Buy-To-Let 3.99% Fixed to 31.05.14

Coventry Intermediaries – Godiva Mortgages Buy-To-Let 3.99% Fixed to 31.05.14

Type: Fixed-rate buy-to-let mortgage

Fixed term: Until May 31, 2014

Fixed rate: 3.99%

Minimum loan: £25,000

Maximum loan: Up to 65% of valuation subject to a maximum of

Income multiples: Rental income must be at least 125% of the mortgage repayments

Conditions: Capital repayments of up to 5% a year allowed without penalty in the fixed-rate period, one free valuation up to £700, remortgage transfer service, p to three properties allowed with the Coventry Building Society Group, up to 10 properties allowed with all lenders

Flexible features: Overpayments, payment holidays, interest calculated daily

Arrangement fee: £1,249 plus £250 booking fee

Redemption fee: 3% of the amount repaid in the first two years

Introducer’s fee: Subject to negotiation

Tel: 0845 7573612



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