The lender has cut rates on a number of its residential, offset and buy-to-let products and the changes apply from today.

Highlights include a two-year fix available at 2.25 up to 65% loan-to-value (LTV) and an offset flexible product at 2.85% up to 75% LTV. Fees of £999 apply to both products.

Colin Franklin, managing director at Godiva Mortgages, said: “Our popular Flexx for Term range has just got even better, as we have cut rates by up to 0.70%.

“Borrowers can now enjoy the flexibility of no Early Repayment Charges and unlimited overpayments, from rates as low as 2.35%. And for borrowers looking for the security of a fixed rate, we have also reduced rates on all our two-year fixed products by 0.10%. And all products include a free valuation up to £700 and access to our remortgage transfer service”