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Godiva Mortgages – Credit Impaired Near Prime Full Status 6.75% Flexx Fixed

Godiva Mortgages

Credit Impaired Near Prime Full Status 6.75% Flexx Fixed

Type: Adverse credit flexible fixed rate mortgage

Fixed term: Until March 31, 2010

Fixed rate: 6.75%

Minimum loan: £25,001

Maximum loan: Up to 65% of valuation subject to a maximum of £500,000

Income multiples: Based on affordability

Flexible features: Overpayments, payment holidays of up to three months a year, interest calculated daily

Conditions: One free valuation up to £650, free legal fees for remortgages or £200 contribution, up to £1,000 in CCJs in last three years allowed but none in the last six months, a maximum 2 months’ arrears in last 12 months but no more than one month’s arrears in last six months, bankruptcy/IVA acceptable if discharged/satisfied for at least 12 months, mortgage not available for properties in Northern Ireland or the Scottish Isles

Arrangement fee: £800 plus £199 booking fee

Redemption fee: None

Introducer’s fee: Subject to negotiation

Tel: 0845 766 5522


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