This website uses cookies to improve user experience. By using our website you consent to all cookies in accordance with our Cookie Policy. Read more

Mortgage Hotline - Call Us 0117 313 7780

What is your mortgage for?

use mortgage calculator
 

1.75% 2 Year Fixed

  • Overall cost for comparison 4.3% APRC

Representative Example: Mortgage of £120,000 on property valued at £200,000 over term of 25 years. Rate fixed for 2 years after which reverts to Post Office variable rate of 4.74%.

Call Post Office FREE on 0808 178 6813

2.68% 5 Year Fixed

  • Overall cost for comparison 4.0% APRC

Representative Example: Mortgage of £120,000 on property valued at £200,000 over term of 25 years. Rate fixed for 2 years after which reverts to Post Office variable rate of 4.74%.

Call Post Office FREE on 0808 178 6813

Details sort by initial rateLenderInitial rate Rate type Overall cost for comparisonMax LTVProduct feeMonthly cost Enquire
Initial rate: 1.5%
Rate type: Fixed Jan-2020
Monthly cost: £494.37 per month
Max LTV: 60%
Product fee: £2770.00
Overall cost for comparison: 4.4% APRC
Barclays Bank logo 1.5% Fixed Jan-2020 4.4% APRC 60% £2770.00 £494.37 per month get quotes Call direct0117 313 7780 More details
Initial rate: 1.5%
Rate type: Fixed Jan-2020
Monthly cost: £487.37 per month
Max LTV: 60%
Product fee: £1320.00
Overall cost for comparison: 4.3% APRC
Barclays Bank logo 1.5% Fixed Jan-2020 4.3% APRC 60% £1320.00 £487.37 per month get quotes Call direct0117 313 7780 More details
Initial rate: 1.54%
Rate type: Fixed Feb-2020
Monthly cost: £491.63 per month
Max LTV: 60%
Product fee: £1755.00
Overall cost for comparison: 4.4% APRC
Santander UK Plc logo 1.54% Fixed Feb-2020 4.4% APRC 60% £1755.00 £491.63 per month get quotes Call direct0117 313 7780 More details
Initial rate: 1.54%
Rate type: Fixed Feb-2020
Monthly cost: £491.63 per month
Max LTV: 60%
Product fee: £1755.00
Overall cost for comparison: 4.4% APRC
Santander UK Plc logo 1.54% Fixed Feb-2020 4.4% APRC 60% £1755.00 £491.63 per month get quotes Call direct0117 313 7780 More details
Initial rate: 1.54%
Rate type: Fixed Feb-2020
Monthly cost: £491.63 per month
Max LTV: 60%
Product fee: £1755.00
Overall cost for comparison: 4.4% APRC
Santander UK Plc logo 1.54% Fixed Feb-2020 4.4% APRC 60% £1755.00 £491.63 per month get quotes Call direct0117 313 7780 More details
Initial rate: 1.55%
Rate type: Fixed Jan-2020
Monthly cost: £494.30 per month
Max LTV: 60%
Product fee: £2270.00
Overall cost for comparison: 4.4% APRC
Barclays Bank logo 1.55% Fixed Jan-2020 4.4% APRC 60% £2270.00 £494.30 per month get quotes Call direct0117 313 7780 More details
Initial rate: 1.69%
Rate type: Fixed Jan-2020
Monthly cost: £501.19 per month
Max LTV: 50%
Product fee: £2132.00
Overall cost for comparison: 4.4% APRC
Godiva Mortgages logo 1.69% Fixed Jan-2020 4.4% APRC 50% £2132.00 £501.19 per month get quotes Call direct0117 313 7780 More details
Initial rate: 1.69%
Rate type: Fixed Mar-2020
Monthly cost: £496.22 per month
Max LTV: 60%
Product fee: £1670.00
Overall cost for comparison: 4.4% APRC
BM Solutions logo 1.69% Fixed Mar-2020 4.4% APRC 60% £1670.00 £496.22 per month get quotes Call direct0117 313 7780 More details
Initial rate: 1.69%
Rate type: Fixed Dec-2019
Monthly cost: £496.25 per month
Max LTV: 60%
Product fee: £1061.00
Overall cost for comparison: 4.6% APRC
Skipton BS logo 1.69% Fixed Dec-2019 4.6% APRC 60% £1061.00 £496.25 per month get quotes Call direct0117 313 7780 More details
Initial rate: 1.79%
Rate type: Fixed Jan-2021
Monthly cost: £505.95 per month
Max LTV: 50%
Product fee: £2132.00
Overall cost for comparison: 4.2% APRC
Godiva Mortgages logo 1.79% Fixed Jan-2021 4.2% APRC 50% £2132.00 £505.95 per month get quotes Call direct0117 313 7780 More details
12345678910...

Representative Example:

A repayment mortgage of £120,000 payable over 28 years and 1 month initially on a fixed rate for 2 years at 1.99% and then on the lender current variable rate of 3.69% (variable) for the remaining 26 years and 1 month would require 24 monthly payments of £465.20 and 312 monthly payments of £565.39 and one final payment of £565.19.

 

The total amount payable would be £189,357.67 made up of the loan amount plus interest (£68,161.67), booking fee (£999), completion fee (£30) and valuation fee (£197).

 

In this example the overall cost for comparison is 3.7% APRC representative.

 

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT

BM Solutions Buy To Let Mortgages

Buy to Let Mortgage Service

Why choose us?

Fair Mortgages can provide you with a first class service if you are looking for buy to let mortgage advice.

Special features of what we offer include:

  • Whole of market broker - we deal with most UK buy to let lenders including BM Solutions
  • Access to leading buy to let market rates
  • Access to exclusive buy to let mortgage deals not available on high street
  • Expert help whether you are a first time investor or full time landlord
  • We have lenders who will take into account previous defaults and missed payments 
  • Complex buy to let or have a portfolio of 5+ properties? - speak to us

To investigate your buy to let mortgage options including BM Solutions call our specialist team on 0117  313 7780 or fill in our call back form. 

The essence of the Fair Mortgages service is professional independent mortgage and protection advice brought to you by a team of specialist advisers and experienced administration support. 

As your mortgage is such an important transaction, good advice is imperative.

Right Bullets

BM Solutions Buy To Let Mortgages

If you wish to invest in property on a buy to let basis you may be wondering what BM Solutions buy to let mortgages may be available.  BM Solutions buy to let mortgages present a range of plans with both fixed rate and offset options.

In order to be eligible for BM Solutions buy to let mortgage:

  • All applicants need to be at least 25 years old
  • The eldest applicant cannot exceed 75 at the end of the mortgage term, minimum terms is 5 years.
  • At least one applicant must own a property in the United Kingdom
  • Other applicants must either currently own a property in the UK or have previously owned one.

About BM Solutions

BM Solutions is part of the Lloyds Banking Group, and it operates as the mortgage division of Birmingham Midshires since 2001, it offers a wide range of mortgages, including buy to let products through intermediaries.

About getting a buy to let mortgage

Although you may be familiar with home buyer mortgages, securing buy to let mortgage finance has some distinct differences from standard home finance:

Deposit

Most providers of buy to let mortgages will require a larger deposit than you would expect when searching for a property you intended to live in, lenders tend to offer Buy to let mortgages with a maximum loan to value of 75% so you may need to be able to put down a deposit of at least 25% on the proposed property, although there are some products available in the buy to let market for smaller deposits. As with most kinds of finance however the larger the deposit you can afford to put down the lower the interest rates will be on the loan.

Affordability

Due to changes in how buy to let mortgages are regulated, landlords with multiple properties can no longer spread equity across their entire portfolio. Lenders now require an in-depth review of the applicant's property portfolio to make sure that every property provides a profit. This means that if one or more of an applicant's properties are not profitable then BM Solutions will not provide the buy to let mortgage.

While most lenders will still have a minimum income requirement for applicants buy to let mortgages do not tend to be based on a multiple of the applicant’s income. Instead many providers calculate affordability on the rental value of a property, generally requiring the potential monthly rental yield to cover at least 145% of the monthly mortgage payment, based on a professional rental valuation.

In addition, BM Solutions apply an income stress test to ensure that the applicant can afford mortgage payments in the event that the interest rates increase to 5.5%.

Speak to us

Whether you already are a landlord or you are looking to purchase your first buy to let property you may benefit from enlisting the services of a professional, independent mortgage adviser. Independent mortgage advisers can guide you through each step of the buy to let mortgage application process and provide impartial advice, but in addition to this they can use their expertise to search across the whole of the buy to let mortgage market to try and find the top deals, that fit your requirements from a variety of different lenders. 

To find out if Fair Mortgages could help you secure a buy to let mortgage, you can fill in our online contact form to request a call back for a free initial consultation from one of our mortgage advisers, alternatively you can contact us directly on: 0117 313 7780. 

Speak to our specialist team on 0117 313 7780 to help you find the right mortgage option for you.

A Complete Service

house icon

Call 0117 313 7780 or Request Callback for our independent mortgage broker service

For a FREE initial conversation about your mortgage options complete our short enquiry form.

request call back

Please confirm your details

Extra information

The optional information below will help us to contact you

Buy To Let Providers