Do You Have a Birmingham Midshires Mortgage? Here Is What You Need to Know

Many people across the UK have mortgages with Birmingham Midshires (BM Solutions), especially landlords and buy-to-let investors. But what many do not realise is that when your current deal ends, you cannot contact BMS directly to switch your mortgage. Instead, you must use an intermediary or mortgage broker.

At Drummonds Finance Group, we specialise in helping Birmingham Midshires clients switch to a better rate quickly and easily. In this blog, we answer the most common questions we get from clients and explain why acting early could save you thousands of pounds.

What Should You Do if You Have a Birmingham Midshires Mortgage?

If you currently have a mortgage with Birmingham Midshires, the most important thing is to know when your current deal ends. If you do nothing, your mortgage will revert to BMS's standard variable rate (SVR), which is usually much higher than fixed or tracker rates available on a product transfer.

Here’s what to do:

1. Check your mortgage statement or online account for your product end date

2. Contact us around 3 to 4 months before your rate ends

3. Let us review your eligibility for a product transfer or alternative remortgage

Acting early gives you the most options and avoids rolling onto a costly variable rate.

Why Do You Need a Broker to Do a BMS Product Transfer?

Unlike many lenders, Birmingham Midshires does not offer product transfers directly to customers. You must go through a mortgage broker registered with BM Solutions.

We’re proud to say that Drummonds Finance Group is fully authorised to carry out BM Solutions product transfers for clients across the UK. We handle everything for you, including:

• Checking your eligibility

• Reviewing all available BMS product transfer rates

• Submitting the switch to BM Solutions on your behalf

• Making sure the new deal starts at the right time to avoid penalties or overpayments

All of this is done without any charge to you.

How We Help Birmingham Midshires Clients Switch Without Fees

We offer a completely free service to help you switch your Birmingham Midshires mortgage. We are paid by the lender, not by you.

Our service includes:

• Checking your current deal details

• Reviewing current BM Solutions products and rates

• Recommending the most suitable new deal

• Submitting the transfer application

• Providing updates and reminders until the new rate goes live

There are no valuation fees, legal fees or broker fees on most product transfers with BM Solutions. The process is usually fast and can often be completed within a few days.

We have helped clients across Oxfordshire and beyond secure new BMS deals and avoid months of overpaying. Even if your rate has already expired, we may still be able to help you backdate a switch to reduce unnecessary interest.

What Happens if You Do Nothing When Your Rate Ends?

If you don’t act before your fixed or tracker deal ends, Birmingham Midshires will automatically move you to their Standard Variable Rate (SVR). This rate is typically much higher, sometimes over 2 percent more than a fixed deal.

That means you could be paying hundreds of pounds more each month. Worse still, BMS won’t notify you with options, and you can’t contact them directly to change it.

We often speak to landlords and homeowners who let their deal roll over, not knowing they could have switched to a better rate with no penalties if they had acted earlier.

If your Birmingham Midshires mortgage deal is ending soon, or you want to know your options, contact us today.

📍 Visit our BMS Product Transfer Page

📍 Contact Us to Get Started

📍 Or read our related guide: “My Rate Is Ending Soon – Should I Fix or Go Tracker?”