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Further Advances

You will need a 10 character user ID to log in to BM Solutions Online. To submit a Further Advance, please log in.

If you do not have a 10 character user ID, please follow our registration guidance.

When can I apply?

- Further advance applications are not permitted within 6 months of completion of the original mortgage.

- The minimum period from completion of the latest Further Advance to any new Further Advance application is 12 months.

- If the customer has failed to make their monthly payment on the expected due date (resulting in arrears) then you will not be able to apply for a Further Advance until the arrears have been cleared and their payments have been made in full and on time for 3 consecutive months.

Before applying

- You will be unable to apply for a Product Transfer and a Further Advance application at the same time, you will need to wait for one application to complete before you can start the other.

- Maximum loan available - please check the maximum amount the customer can borrow using our Full Rental Income Calculator. You will need to select the Application Type as Additional Borrowing.

We are making some important changes to our Product Transfer and Further Advance applications. Find out more on how these applications will be submitted.

Base rate changes

The Bank of England has announced a change to the base rate.

Find out more.

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For the use of mortgage intermediaries & other professionals only

If you do not have professional experience, you should not rely on the information contained on this site. If you are a professional and you reproduce any part of the information contained on this site, to be used with or to advise private clients, you must ensure it conforms to the Financial Conduct Authority's advising and selling rules.

These pages are for the use of those people who are resident and ordinarily resident in the UK and should not be regarded as an offer or invitation to sell Mortgage products in any jurisdiction other than the UK.

Birmingham Midshires is a division of Bank of Scotland plc. Registered in Scotland No. SC327000. Registered office; The Mound, Edinburgh, EH1 1YZ

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