Are you looking to lower your Birmingham Midshires mortgage rates? Is your Birmingham Midshires fixed rate mortgage coming to an end? Do you want to change your mortgage deal but stay with Birmingham Midshires?
If you’re a Birmingham Midshires buy to let existing customer and have been quoted a higher rate now that your deal is coming to an end, we can help you change to a mortgage deal with the same lender at a lower rate.
Birmingham Midshires mortgages are a popular option for thousands of landlords across the country. But once your fixed rate deal ends, you could see rates skyrocket.
GPS Financial can help with that using a Birmingham Midshires product transfer.
- No broker fees
- No extra paperwork
- No hassle
- Lower rate
We can help you secure cheaper Birmingham Midshires mortgage rates with the same terms, same property, same benefits, just at a much lower rate than the Birmingham Midshires Standard Variable Rate you’ll be automatically switched to.
GPS Financial and Birmingham Midshires
You can only get a Birmingham Midshires mortgage through a broker, and GPS Financial are an award-winning mortgage broker who can help you access better mortgage deals.
We have helped hundreds of landlords by switching their mortgage deals from standard variable rates, including existing Birmingham Midshires customers who are looking to lower their mortgage rates.
You can stay with Birmingham Midshires if you prefer, or compare the entire market to get the very best rate from another reliable lender.
Our Birmingham Midshires product transfer service makes it as simple as possible to switch. GPS Financial charge no broker fee for this product transfer and it can be done very quickly. In fact, you could switch in as little as ten minutes!
All you need to do is contact one of our team to discuss your requirements. Our specialist team will compare Birmingham Midshires buy to let rates and prepare all the paperwork for you. That means you could have a new Birmingham Midshires fixed rate mortgage at a much lower cost in a matter of minutes.
How does a Birmingham Midshires product transfer work?
A product transfer is much faster than applying for a new mortgage with a new provider. A Birmingham Midshires product transfer allows buy to let mortgage customers to stay with the same lender but find a better deal before they move onto costly variable rates.
The lender already knows the property, your situation, your payment history and most things they need to know. That means underwriting is faster and typically requires less paperwork than a new application.
Birmingham Midshires buy to let existing customers can easily switch to a new fixed rate that has lower monthly mortgage repayments. What’s more, GPS Financial don’t charge a broker fee for Birmingham Midshires product transfers which makes the process even better.
How to lower your Birmingham Midshires mortgage rates
A Birmingham Midshires mortgage is a popular option for many people, and Birmingham Midshires buy to let rates are often good for landlords due to their fair terms and competitive deals.
But, like most mortgage providers, as soon as your fixed or discounted period is over, you’re automatically switched to Birmingham Midshires Standard Variable Rate which is considerably more expensive.
Instead, you can opt for a Birmingham Midshires product transfer where you can change your mortgage deal but stay with your existing lender.
Is your Birmingham Midshires mortgage coming to an end?
If your current buy to let mortgage deal is coming to an end, you’ll be automatically put onto the Birmingham Midshires standard variable rate if you don’t do anything. This is an expensive way to borrow and will increase your monthly repayments on your Birmingham Midshires mortgage. You have several options to consider:
- Get a Birmingham Midshires product transfer
- Let GPS Financial compare the whole market to secure the very best mortgage rate from all lenders
- Switch from interest only to capital and interest or vice versa
There is no right or wrong option here – only the option that’s right for you, your business and your situation.
As long as you move quickly and transfer before your Birmingham Midshires fixed rate mortgage rate ends, we could help you save hundreds on your mortgage repayments.
As experienced mortgage brokers with decades of experience, GPS Financial can help with every step of the process. Whether you want a Birmingham Midshires product transfer or remortgage with a new provider, we can help.
Why work with GPS Financial?
Birmingham Midshires no longer offers mortgage products direct to customers, but GPS Financial can source new Birmingham Midshires mortgage rates for you instead.
We are an award-winning mortgage broker based in Cardiff, with decades of experience helping homeowners and landlords to find the best mortgage rates on the market. We work with a pool of reliable lenders to offer competitive deals that are right for you.
GPS Financial is fully authorised and regulated by the Financial Conduct Authority, so Birmingham Midshires buy to let existing customers can rest assured that they’re in safe hands. We work with you every step of the way to secure a great deal, assist with paperwork, help prepare the mortgage and handle all the administrative tasks a mortgage transfer involves.
Contact one of our team today to discuss a Birmingham Midshires product transfer.