Godiva Mortgages has made six key pledges to brokers ahead of its launch tomorrow.
It says there will be no overhanging early redemption charges, no differential pricing between channels, all products are available to existing borrowers, all direct mortgage products will be available to intermediaries, there will be no cross-selling to intermediaries’ clients and intermediaries will be given at least 48 hours’ notice when withdrawing products.
Godiva will offer a range of products for buy to let, self certification, credit impaired and 100 per cent plus LTV markets. The prime residential range, including 100 per cent LTV first time buyer products, will continue to be available to intermediaries through Coventry Building Society.
Godiva managing director Colin Franklin says: “Over the last few weeks, we have talked to our intermediary contacts around the country about Godiva Mortgages and the products and services we will be offering.
“We are delighted to have received extremely positive feedback. In particular, the launch of our pledges has been praised for the fairness and transparency they offer to intermediaries and their clients and only demonstrates our commitment to this specialist sector even further.”