If you’re a UK landlord exploring limited company buy-to-let options, you may be wondering: Do BM Solutions allow HMOs in a limited company? As one of the most recognised lenders for landlords, BM Solutions—part of Lloyds Banking Group—offers a range of buy-to-let products. But when it comes to houses in multiple occupation (HMOs) and limited company structures, there are specific criteria you need to be aware of. In this guide, we answer the most common questions landlords and brokers ask about BM Solutions and their approach to HMOs in 2025.
Do BM Solutions allow HMOs in a limited company?
No, BM Solutions does not currently offer buy-to-let mortgages for HMOs held in a limited company structure. Their lending criteria are strictly for individual landlords, and they do not support limited company applications. Additionally, they have specific restrictions around HMO properties, even for individual borrowers. Typically, BM Solutions defines an HMO as a property let to three or more tenants who are not from the same household and who share facilities. If you’re considering an HMO investment through a limited company, you may need to explore specialist lenders that cater to this niche. However, if you’re looking for a standard buy-to-let mortgage in your personal name, a Birmingham Midshires mortgage could still be a suitable option depending on the property type and your circumstances.
What types of properties will BM Solutions lend on?
BM Solutions typically lends on standard buy-to-let properties, including single-unit houses and flats. They do not support multi-unit freehold blocks, bedsits, or HMOs, especially those requiring licensing. The property must be in good condition and suitable for letting at the time of application. BM Solutions also has restrictions on new-build flats and properties above commercial premises. If you’re unsure whether your property qualifies, it’s worth speaking to a mortgage broker who understands Birmingham Midshires mortgage criteria in detail. As of 2025, their focus remains on straightforward, low-risk rental properties let to professional tenants or families.
Can I transfer my BM Solutions mortgage into a limited company?
No, BM Solutions does not allow transfers from personal ownership into a limited company structure. If you currently hold a buy-to-let mortgage with BM Solutions in your personal name, you cannot move that mortgage into a company name. Doing so would require a full redemption of the existing loan and a new application with a lender that supports limited company buy-to-let. If you’re considering restructuring your portfolio, it’s important to weigh up the tax implications and seek advice from a qualified accountant. For those staying in personal ownership, a BM Solutions product transfer may offer a competitive alternative to remortgaging elsewhere.
Does BM Solutions offer HMO mortgages to individual landlords?
BM Solutions does not currently offer HMO mortgages, even to individual landlords. Their lending criteria exclude properties that require an HMO licence or that are let to multiple unrelated tenants with shared facilities. This makes them unsuitable for landlords operating in the professional HMO market. However, if your property is let to a single household or a couple of tenants under a single tenancy agreement, it may still be eligible. Always check with your broker or BM Solutions directly to confirm whether your property meets their definition of a standard buy-to-let. For landlords with more complex portfolios, a Birmingham Midshires remortgage may not be suitable, and a specialist lender may be more appropriate.
What alternatives are there for limited company HMO mortgages?
If you’re looking to finance an HMO in a limited company structure, you’ll need to consider specialist lenders outside of BM Solutions. Lenders such as Precise Mortgages, Paragon, and Aldermore cater to limited company landlords and offer products designed for licensed HMOs. These lenders typically have more flexible underwriting and are familiar with the complexities of multi-let properties. While rates may be slightly higher than standard buy-to-let products, the tax advantages of limited company ownership can often offset the cost. It’s essential to work with a broker who understands both HMO licensing rules and the mortgage market to find the right solution for your investment strategy in 2025.
Can I do a product transfer with BM Solutions if I own a standard buy-to-let?
Yes, if you currently have a BM Solutions mortgage on a standard buy-to-let property in your personal name, you may be eligible for a BM Solutions product transfer. This allows you to switch to a new rate without going through a full remortgage process. Product transfers can be a cost-effective way to avoid early repayment charges and legal fees, especially if your property and ownership structure remain unchanged. As of 2025, BM Solutions continues to offer competitive fixed and tracker rate options for existing customers. Speak to a mortgage broker to explore your eligibility and secure the best deal based on your current circumstances.
Are there any portfolio landlord restrictions with BM Solutions?
Yes, BM Solutions has specific criteria for portfolio landlords—defined as those owning four or more mortgaged buy-to-let properties. While they do lend to portfolio landlords, they require detailed information on your entire portfolio, including rental income, loan-to-value ratios, and property types. They also assess affordability across the whole portfolio, not just the subject property. If you’re a portfolio landlord, it’s important to prepare comprehensive documentation and work with a broker experienced in BM Solutions’ underwriting process. Keep in mind that even as a portfolio landlord, you must apply in your personal name, as BM Solutions does not support limited company lending.
In summary, while BM Solutions remains a popular choice for individual landlords with standard buy-to-let properties, they do not allow HMOs in a limited company structure. If you’re exploring more complex investments, such as licensed HMOs or limited company ownership, you’ll need to consider specialist lenders. To learn more about your options, including Birmingham Midshires remortgage and BM Solutions product transfer deals, browse our full range of guides and speak to a qualified mortgage adviser today.