If you’re a landlord operating through a limited company and have a mortgage with Birmingham Midshires, you may be considering your options as your fixed rate comes to an end. A Birmingham Midshires limited company landlord product transfer can offer a straightforward and cost-effective way to secure a new deal without remortgaging. In this guide, we answer the most common questions landlords and brokers have about BM Solutions product transfers in 2025, helping you make informed decisions about your portfolio finance.
What is a Birmingham Midshires product transfer?
A Birmingham Midshires product transfer is when an existing mortgage customer switches to a new rate with the same lender at the end of their current deal. For landlords with properties held in a limited company structure, this can be a simple way to avoid moving lender, reapplying, or incurring legal fees. BM Solutions, the intermediary-only arm of Birmingham Midshires, offers a range of competitive product transfer rates for limited company landlords. These deals are typically available a few months before your current rate ends, and switching early can help you avoid moving onto the lender’s higher standard variable rate (SVR). If you’re unsure whether a product transfer or a new Birmingham Midshires remortgage is the better option, a mortgage broker can help you compare the costs and benefits.
Can limited company landlords apply for a product transfer with Birmingham Midshires?
Yes, limited company landlords are eligible for product transfers with Birmingham Midshires, provided they meet the lender’s criteria. BM Solutions supports limited company buy-to-let lending and allows landlords to switch products at the end of their fixed term without needing to remortgage. The process is typically handled via a mortgage broker, as BM Solutions does not deal directly with the public. If your property is held in a Special Purpose Vehicle (SPV) limited company, and your current mortgage is with Birmingham Midshires, you can access a range of new fixed or tracker rates. A product transfer can be completed without new underwriting or legal work, making it a quicker and more cost-effective alternative to switching lenders.
When can I start the product transfer process with Birmingham Midshires?
You can usually start the product transfer process with Birmingham Midshires up to three months before your current deal ends. This gives you time to review your options and secure a new rate before your mortgage reverts to the lender’s SVR. Your broker will be able to access the latest BM Solutions product transfer rates and advise on the best timing. In 2025, with interest rates fluctuating, acting early could help you lock in a more favourable rate. Keep in mind that if you choose a new deal before your current rate ends, the new product will only take effect once the existing term finishes, ensuring a seamless transition without early repayment charges.
Are there fees involved in a Birmingham Midshires product transfer?
In most cases, a Birmingham Midshires product transfer does not involve legal fees or valuation costs, making it a cost-effective option for landlords. However, some of the new mortgage products may come with a product fee, typically ranging from £0 to £1,995 depending on the interest rate and loan size. Your broker can help you assess whether a fee-paying product offers better long-term value compared to a fee-free option. Since there’s no need to reapply or provide updated documentation, the process is also quicker and less paperwork-intensive than a full remortgage. If you’re considering a BM Solutions product transfer, your broker will provide a full breakdown of costs and benefits.
Can I change the mortgage term or borrow more during a product transfer?
No, a standard product transfer with Birmingham Midshires does not allow you to change the mortgage term or increase the loan amount. It is a like-for-like switch to a new rate on your existing mortgage balance and term. If you need to borrow more or adjust the term, you would need to consider a full Birmingham Midshires remortgage or a further advance, subject to eligibility. That said, if your primary goal is to secure a better rate as your current deal ends, a product transfer is often the simplest and most efficient route. Speak to your broker if you’re unsure which option suits your financial goals.
How do I access Birmingham Midshires limited company product transfer rates?
BM Solutions does not deal directly with customers, so you’ll need to work with a registered mortgage broker to access their product transfer rates. Your broker will be able to see the latest limited company landlord rates available from Birmingham Midshires and advise on the most suitable deal for your circumstances. In 2025, BM Solutions continues to offer a competitive range of fixed and tracker options tailored for landlords, including those with SPV limited company structures. Your broker can also help you compare these with other lenders, ensuring you’re getting the best value for your portfolio.
Is a product transfer better than remortgaging to another lender?
It depends on your individual circumstances. A product transfer with Birmingham Midshires is often quicker, easier, and cheaper because it avoids legal work, valuations, and full underwriting. However, if another lender offers significantly better rates or more flexible terms, a remortgage may be worth considering. In 2025, with interest rates and lending criteria evolving, it’s wise to compare both options. Your mortgage broker can help you weigh the pros and cons of a Birmingham Midshires mortgage transfer versus switching lenders. For many landlords, especially those with complex portfolios or limited company structures, staying with BM Solutions via a product transfer is often the most straightforward route.
Whether you’re looking to secure a better rate or simplify your mortgage management, a Birmingham Midshires limited company landlord product transfer could be the right move. Speak to your broker to explore the latest 2025 BM Solutions rates and find the best option for your property portfolio. For more expert insights, browse our full range of guides on Birmingham Midshires mortgage options and buy-to-let finance.
