If you’re a UK landlord or homeowner exploring your mortgage options in 2025, you may be wondering: Are BM Solutions mortgages only for landlords? It’s a common question, especially as Birmingham Midshires (BM Solutions) is a well-known name in the buy-to-let market. In this guide, we’ll answer key questions around BM Solutions and help you understand whether their mortgage products are suitable for your needs—whether you’re a landlord, a homeowner, or a broker advising clients.
Are BM Solutions mortgages only for landlords?
Yes, BM Solutions mortgages are specifically designed for landlords and buy-to-let investors. BM Solutions is the intermediary-only arm of Birmingham Midshires, which is part of Lloyds Banking Group. They do not offer residential mortgages for owner-occupiers. Instead, their focus is on providing competitive buy-to-let mortgage products through brokers. If you’re a homeowner looking for a residential mortgage, you would need to explore other lenders or consider a Birmingham Midshires mortgage through different channels. However, if you own rental property or are planning to invest in one, BM Solutions may offer a suitable mortgage tailored to your needs.
Can I get a BM Solutions mortgage if I live in the property?
No, BM Solutions does not offer residential mortgages for properties where the borrower intends to live. Their products are strictly for buy-to-let purposes. If you’re currently living in a property and thinking about letting it out, you may need to switch to a buy-to-let mortgage, potentially through a Birmingham Midshires remortgage. Always speak to a mortgage broker to ensure you’re on the right product for your circumstances and to avoid breaching mortgage terms.
What is a Birmingham Midshires product transfer?
A BM Solutions product transfer is when an existing borrower switches to a new mortgage deal with the same lender at the end of their current fixed or tracker rate. This can help landlords avoid moving onto a higher standard variable rate (SVR). Product transfers are typically quicker and involve less paperwork than a full remortgage, and they don’t usually require a new affordability assessment. If you’re an existing BM Solutions customer, this could be a cost-effective way to secure a better rate in 2025 without changing lenders.
Do I need to be a professional landlord to apply for a BM Solutions mortgage?
No, you don’t need to be a professional landlord. BM Solutions caters to both first-time and portfolio landlords. Whether you own one rental property or several, you can apply through a broker. However, your experience, income, and property portfolio will influence the products you’re eligible for. BM Solutions has specific criteria for portfolio landlords (those with four or more mortgaged buy-to-let properties), so it’s important to work with a broker who understands their requirements and can guide you through the application process.
Can I remortgage my buy-to-let property with BM Solutions?
Yes, many landlords choose a Birmingham Midshires remortgage to secure a better rate or release equity from their rental property. BM Solutions offers remortgage deals through intermediaries, and their products are often competitive in the buy-to-let market. Whether you’re looking to reduce your monthly payments or raise capital for further investment in 2025, it’s worth exploring what BM Solutions has to offer. A broker can help you compare remortgage options and determine if BM Solutions is the right fit for your goals.
How do I apply for a BM Solutions mortgage?
You can’t apply directly to BM Solutions as a borrower—they only operate through mortgage intermediaries. This means you’ll need to work with a qualified mortgage broker who can access their products and submit your application on your behalf. The broker will assess your circumstances, check the lender’s eligibility criteria, and recommend suitable products. This approach ensures you receive tailored advice and increases your chances of approval, especially in the more complex buy-to-let market.
Are BM Solutions rates competitive in 2025?
Yes, BM Solutions continues to offer competitive buy-to-let mortgage rates in 2025, particularly for landlords with strong credit profiles and solid rental income. Their fixed-rate and tracker options cater to a variety of investment strategies, and they remain a popular choice among brokers for their consistency and straightforward underwriting. However, rates can vary based on loan-to-value (LTV), property type, and borrower experience, so it’s important to compare deals carefully with the help of a broker.
In conclusion, while BM Solutions mortgages are not available to residential homeowners, they remain a trusted and competitive option for UK landlords in 2025. Whether you’re considering a new investment, a Birmingham Midshires remortgage, or a BM Solutions product transfer, it’s worth exploring how their products can support your property goals. To learn more, browse our expert guides on Birmingham Midshires mortgage options and stay informed about the latest landlord lending criteria.