Is Godiva Mortgages part of Coventry?
Godiva Mortgages Limited is your dedicated Buy to Let (BTL) provider through the Coventry for intermediaries. We offer support for you and your clients, providing a strong BTL product range with excellent service and our industry expertise.
Do Godiva do residential mortgages?
Godiva Mortgages is a provider of residential and buy-to-let mortgages. Godiva Mortgages offer products such as buy-to-let and residential mortgages.
What is a Flexx fixed mortgage?
A ‘Flexx’ product is an alternative to a base rate linked tracker mortgage. The difference is that the lenders offer variable rates themselves. As they are in control of the rates, rather than linking them to the base rate, as with a tracker, they can afford to stay competitive.
How good is Coventry Building Society?
Fitch Affirms Coventry Building Society at ‘A-‘; Outlook Negative. Fitch Ratings – London – 26 Nov 2020: Fitch Ratings has affirmed Coventry Building Society’s (CBS) Long-Term Issuer Default Rating (IDR) at ‘A-‘ with a Negative Outlook and the society’s Viability Rating (VR) at ‘a-‘.
Which bank is Godiva?
Godiva Mortgages is the Coventry Building Society’s provider of buy-to-let mortgages. An intermediary-only service, they provide a range of options, as well as an online application service and telephone advisors available to discuss your particular needs.
How long does a mortgage application take with Coventry Building Society?
How long does a Coventry Building Society mortgage application take? A Coventry Building Society mortgage application can take as much as 3 weeks to process but some Coventry Building Society mortgage applications can take as little as one week.
What is offset mortgage UK?
An offset mortgage is a type of mortgage that is linked to one of your savings accounts. The money in your savings isn’t used to pay off your mortgage. Instead, it’s used to lower the total interest you’ll be charged on your repayments each month.
Is my money safe in Coventry Building Society?
Your eligible deposits held by a UK establishment of Coventry Building Society are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK’s deposit guarantee scheme. Any deposits you hold above the limit are unlikely to be covered.
What is Coventry famous for?
Coventry was the birthplace of Tom Mann, one of the ‘greats’ of the trade union movement. Coventry Transport Museum has the biggest collection of British made cars, motorcycles and bicycles in the world.
How long does it take Coventry to release mortgage funds?
As mentioned previously, a Coventry Building Society mortgage application can take about 3 weeks on average to process and be approved.
How long does a Coventry mortgage offer last?
How long will I have to complete my property purchase before my Coventry mortgage offer expires? If you’re using your mortgage to buy a property, your offer will last for six months. If you’re remortgaging, you’ll have four months.
Can you offset 100% of your mortgage?
There are two main types of offset accounts: 100% offset account: This offsets the interest payable on the linked mortgage by the full balance of the account. This may be available for variable or fixed rate home loans. Partial offset account: This only offsets your mortgage by a portion of the offset account balance.
Who are Godiva mortgages and what do they do?
Godiva Mortgages is the Coventry Building Society’s provider of buy-to-let mortgages. An intermediary-only service, they provide a range of options, as well as an online application service and telephone advisors available to discuss your particular needs. We update our data regularly, but information can change between updates.
Who are Coventry for intermediaries for buy to let mortgages?
Godiva Mortgages Limited is your dedicated Buy to Let (BTL) provider through the Coventry for intermediaries. We offer support for you and your clients, providing a strong BTL product range with excellent service and our industry expertise. Our Buy to Let mortgage benefits
How many BTL mortgages can you get with Coventry Building Society?
First time landlords/those with a small portfolio – we welcome new and existing landlords and allow a maximum of five BTL properties to be mortgaged with the Coventry Building Society Group, which consists of Coventry Building Society, Godiva Mortgages Limited and ITL Mortgages Limited.
