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Your mortgage questions answered

What is the Tesco Compare Mortgages service?

Who are London & Country Mortgages (L&C)?

Why have Tesco Compare teamed up with London & Country Mortgages (L&C)?

What types of mortgage are available through Tesco Compare Mortgages?

What’s a Key Facts Illustration - and how can I get one?

What are the benefits of getting mortgage advice?

Do I need to take out any insurance in order to set up a Mortgage?

Are there any concerns I should have around taking out a mortgage?

Q. What is the Tesco Compare Mortgages service?

A. Tesco Compare Mortgages is a comprehensive no-fee mortgage advice service offering the option of expert mortgage advice from your own qualified advisor, a hassle free service from start to finish and great service at no cost to you.

Q. Who are London & Country Mortgages (L&C)?

A. London & Country is a whole of market mortgage broker and are authorised and regulated by the Financial Services Authority.

Q. Why have Tesco Compare teamed up with London & Country Mortgages (L&C)?

A. At Tesco Compare we always aim to offer great value and service. We have teamed up with London & Country Mortgages Ltd because we are confident they can deliver both for our customers.

Q. What types of mortgage are available through Tesco Compare Mortgages?

A. If you call our freephone number for free advice on 0800 694 2444, the advisors can offer you a range of different mortgages from across the market. Check out the latest best buys to see the types of mortgages or contact us to speak to an advisor.

Q. What’s a Key Facts Illustration - and how can I get one?

A. It’s a document that all mortgage lenders and brokers have to produce for every customer. A Key Facts Illustration (KFI) outlines important information about the mortgage you’re interested in. It’s important to always read and understand the KFI before you apply for a mortgage. Before you apply for a mortgage, we’ll always provide you with a KFI about that mortgage deal.

Q. What are the benefits of getting mortgage advice?

A. Our advisors at Tesco Compare Mortgages have access to over 5000 mortgage deals in the market so when new mortgage deals become available, they can focus on your individual circumstances and work hard to find the best mortgage for you in the shortest possible time.

Q. Do I need to take out any insurance in order to set up a Mortgage?

A. You’ll need to arrange buildings insurance to cover the full cost of rebuilding your home and we strongly recommend that you have enough life insurance to cover your borrowing at all times.

Q. Are there any concerns I should have around taking out a mortgage?

A. YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

The Tesco Compare Mortgages service is provided by London & Country Mortgages Ltd (L&C), Beazer House, Lower Bristol Road, Bath BA2 3BA. L&C are a whole of market mortgage broker and are authorised and regulated by the Financial Services Authority.
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