When it comes to mortgages, Birmingham Midshires (BM Solutions) offers a wide variety of options. Currently, they only offer fixed-rate mortgages, which provide customers with security over their monthly payments. However, the Bank of England's bank rate can rise or fall, so customers should be aware of how much their monthly mortgage payment could change. BM Solutions offers mortgages for homeowners through intermediaries such as Fair Mortgages, allowing them to get a great deal on a purchase-to-rent or rent-to-buy mortgage.
They also provide services to current customers through product transfers, additional advances and conventional mortgages. If your Birmingham Midshires mortgage is coming to the end of your fixed-rate term or your initial agreement, you'll be paying the Birmingham Midshires SVR; you'll have to make an important decision about how you'll keep your mortgage payments low. To help you make this decision, BM Solutions offers a rate change calculator so you can see how much your monthly mortgage payment could change and find out what happens next. You can also transfer your mortgage rate from lenders like Halifax, Barclays, Birmingham Midshires, Virgin Money and Metro Bank with no broker fees and a fast transfer service.
This could save you up to 26% on your mortgage rate. It's important to remember that YOUR HOME CAN BE FORECLOSED IF YOU DON'T KEEP UP PAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT. Therefore, it's always best to speak to a regulated financial advisor who can inform you about real savings and the details of the relevant mortgage products.