Overall, L&C has a good record from customers, with an overall score of 4.5 out of 5 on the popular reviews website, Trustpilot. You’ll mostly see either 5 star or 1 star reviews.
Does London and country charge fees?
With L&C, you really won’t pay a fee. Here’s how we earn our income: Like all other brokers, we receive a payment from the lender when the mortgage completes. The difference is that unlike other mortgage brokers, we simply choose not to charge our customers a fee on top of this.
Who owns London and country?
Michael Edge, the chairman, owns 70 per cent of the company, having spun the mortgage broker out from the sale of Chase de Vere Investments, a financial advisory firm he co-founded in Bath in 1983.
What are London and country like to work for?
Is London & Country Mortgages a good company to work for? London & Country Mortgages has an overall rating of 2.7 out of 5, based on over 212 reviews left anonymously by employees. 45% of employees would recommend working at London & Country Mortgages to a friend and 39% have a positive outlook for the business.
Who are London and country?
About London & Country
London & Country (L&C) is a mortgage broker that can help you find mortgage deals you’re eligible to apply for. London & County finds mortgages for first-time buyers, remortgagers, home movers and buy-to-let borrowers.
Is it better to get mortgage from bank or broker?
A mortgage broker can offer a wider array of options and streamline the mortgage process, but working directly with a bank gives you more control and costs less.
Is it normal to pay a mortgage broker?
Whether you opt for a tied or ‘whole of market’ broker, you will usually have to pay for their services. Most tied brokers will be paid through commission, this will be a percentage of the mortgage loan you receive. This is usually around 1%.
When was London and country founded?
London & Country Mortgages was first established in 1985 as a wholly owned subsidiary and appointed representative of Chase de Vere Investments Plc.
When was L&C founded?
We opened our doors in October 1986, just five weeks after the deregulation of the London financial markets – known as “Big Bang”. The Big Bang separated the relationship between adviser and market maker, creating competition among advisers.
Who Owns the city of London land?
Full list – who owns London (ranked by sq ft)
| Owner | Area (sq ft) | |
|---|---|---|
| 1 | Canary Wharf Group Investment Holdings* | 21,452,796 |
| 2 | The Mayor and Commonalty and Citizens of the City of London | 17,447,701 |
| 3 | Transport for London | 14,889,025 |
| 4 | Aviva | 8,964,857 |
What lenders do L and C use?
The lenders that L&C works with include: Accord Mortgages. Ahli United Bank. Aldermore Bank.
What is a good living salary in London?
We show how a salary of £24,000 would be required just to cover essential living expenses, a salary of £39,000 to cover discretionary living expenses and a salary of £48,000 to cover savings.
What is the best company to work for in London?
The 50 best companies to work for in the UK in 2022:
- Wagamama.
- Cisco Systems.
- Jacobs.
- GlaxoSmithKline.
- Awin.
- Walt Disney Company.
- Greggs. Employees say: “Good family values, excellent benefits and good atmosphere.”
- Shell. Employees say: “Work-life balance, professionalism, international exposure, culture.”
Who is the biggest mortgage broker in the UK?
Best mortgage brokers
- Habito. – Online first. – Fee-free. – Rated 4.8 on Trustpilot with 6,855 reviews.
- L&C Mortgages. – No fees. – One of the UK’s largest mortgage brokers. – Founded in 2002.
- Trussle. – Online first. – Fee-free.
- John Charcoal. – £699 standard advice fee – but this can vary. – Been around for over 45 years.
Is it free to see a mortgage advisor?
Mortgage advisers might charge you for their service, depending on the product you choose or the value of the mortgage. This charge could be a flat rate or hourly rate, or a percentage of the amount you borrow. Others will be free to you but receive commission from the lender.
Do I need a mortgage advisor?
A mortgage adviser can guide you through a complex and time-consuming process, but if you’re confident of finding the best rates and securing a mortgage on your own, mortgage advice may not be necessary. Here’s the pros and cons of using a broker: You’ll get access to a greater range of mortgage deals.
What should you not say to a mortgage broker?
10 things NOT to say to your mortgage lender
- 1) Anything Untruthful.
- 2) What’s the most I can borrow?
- 3) I forgot to pay that bill again.
- 4) Check out my new credit cards!
- 5) Which credit card ISN’T maxed out?
- 6) Changing jobs annually is my specialty.
- 7) This salary job isn’t for me, I’m going to commission-based.
Do mortgage brokers check your bank account?
Do mortgage lenders look at savings? Yes, a mortgage lender will look at any depository accounts on your bank statements — including checking accounts, savings accounts, and any open lines of credit.
Why use a broker instead of a bank?
A broker will be able to offer you practically the entire finance market. If you want a home loan, a quality broker can identify the most appropriate loan for you, normally from over 30 lenders. A banker can offer one set of products from their own bank, nothing else.
Is it easier to go through a mortgage broker?
The Bottom Line
Individuals who are less qualified buyers or are buying less traditional properties will have an easier time finding loans for which they can be approved by going through a mortgage broker than by going through individual direct lenders with generally stricter criteria for approval.
Do mortgage brokers get kickbacks?
It’s against RESPA rules for agents to receive kickbacks for referrals to mortgage lenders. A lender can’t reward a real estate agent for sending business its way.