Birmingham Midshire – UK Mortgage Lender
The oldest forerunners of Birmingham Midshires were the Wolverhampton Freeholders Permanent and the Freeholders Benefit building societies, both of which were founded in 1849. Mergers with more than 50 other building societies occurred during the next 150 years to form Birmingham Midshires, culminating in a takeover by the Halifax in 1999 and the merger of Halifax and Bank of Scotland in 2001.
The company no longer has any branches trading under the Birmingham Midshires brand name. Birmingham Midshires mortgages products are marketed via independent financial advisers (IFAs).
Tracker Mortgages: 2 year and lifetime tracker mortgages.
Buy To Let Mortgages: a range of mortgages available for the purchase of rental property. Loans from £40,000 to £1 million are available for up to 85 percent loan to value, subject to status.
Despite having no branches and only being available through independent financial advisors Birmingham Midshires still offers comprehensive mortgage and savings services that are available on their own or as packaged products.
Birmingham Midshires also offers a range of secured loan packages which can be particularly useful for those embarking on new build or renovations. On the buy to let mortgages, it is possible to obtain a secured loan that is not going to be used for home improvement but can still be secured against the property, which can be particularly useful for those looking to build up a large buy to let portfolio with minimum complications. Personal secured loans are not available on non buy to let mortgages.