Does London and Country Charge Fees?

By Robert Palmer

London and Country is a renowned mortgage broker in the UK, known for its exceptional service and expertise. If you are considering using their services, you might be wondering if they charge any fees. In this article, we will explore whether London and Country charges fees and what these fees entail.

Do London and Country Charge Fees?

If you are looking for a straightforward answer, then yes, London and Country does charge fees for their services. However, it’s important to note that their fee structure is transparent and well-defined.

What Fees Does London and Country Charge?

London and Country charges two types of fees: advice fees and arrangement fees.

1. Advice Fees

The advice fee is charged by London and Country for their expert advice on mortgage options that suit your specific needs. This fee is typically charged when you apply for a mortgage or remortgage through London and Country.

It’s important to note:

  • The advice fee can vary depending on the complexity of your case.
  • The fee is only charged if your application proceeds to completion.

2. Arrangement Fees

In addition to the advice fee, some lenders may also charge an arrangement fee when you secure a mortgage through London and Country. The arrangement fee covers administrative costs associated with setting up your mortgage.

Key points about arrangement fees:

  • The amount of the arrangement fee depends on the lender you choose.
  • This fee can often be added to your mortgage balance or paid upfront.

Are the Fees Worth It?

While it’s understandable to be concerned about additional fees, it’s important to consider the value that London and Country provides. Their expert advice can help you navigate the complex mortgage market, ensuring you find the best deal for your circumstances.

By charging transparent fees, London and Country ensures that their advisors are focused on providing unbiased and tailored advice, rather than being influenced by commission-based incentives.

Conclusion

In conclusion, London and Country does charge fees for their services. These include advice fees and arrangement fees. However, these fees are transparent and provide access to expert advice from a reputable mortgage broker.

If you are considering using London and Country’s services, it’s always a good idea to reach out to them directly to understand their current fee structure as it may vary over time.