WebIn a positive move designed to relax buy-to-let lending criteria BM Solutions has removed the minimum income requirement of £25,000 for buy-to-let landlords. ... the broker lending arm of Birmingham Midshires, says that they acknowledge buy-to-let mortgage affordability is based on rental income, rather than personal income and the removal of ... WebFeb 15, 2024 · While some residential mortgage rates have started to fall back to below 4%, BTL rates remain at a higher level. The average fixed-rate deal in February is 5.91%, according to data analysts Moneyfacts. There have been three consecutive month-on-month falls from a peak of 6.76% in November, but the figure remains high compared to 12 …
Lender Documents - LMS
WebJun 7, 2013 · BM Solutions, the leading BTL lender from the Lloyds Banking Group, has removed its minimum income requirements for all buy-to-let products in its range. As from Monday 10th June, Birmingham Midshires will finally be joining a handful of other lenders by providing experienced property investors with BTL mortgages without the need to … WebBirmingham Midshires no longer offers mortgage products direct to customers. This includes servicing existing customers with product transfers, further advances and mainstream mortgages. If you have a Buy to let mortgage, to find out more about the products we offer through the intermediary channel please contact an independent … farmland that can be used to grow crops
Payment queries Birmingham Midshires Mortgages
WebOver the phone. You can make a mortgage payment using your debit card for any amount between £5 and £60,000 by calling us on 03845 300 2627. Please note we can only take debit card payments from customers named on the mortgage account. We don't accept credit cards or debit Mastercards (cards beginning with a 5). WebOct 1, 2024 · We refer to these as early repayment charges. Details of any early repayment charges that apply to you, and when they may be charged, are set out in your mortgage offer document or you can call us on 0345 300 2627 (lines are open Monday to Friday 8am to 8pm, Saturday 9am to 1pm). If early repayment charges apply, the charge will be … WebMar 5, 2024 · Unlike many other UK lenders who have in-house mortgage brokers, residents of Birmingham Midshires rely on independent mortgage brokers outside their group to communicate the financing options they offer and oversee the mortgage process. For general account management inquiries, call 0345 602 2828 or see our general … free rounds game