Mortgages
Find the mortgage you need and get fee-free advice from the get-go
See how much you could borrow
Mortgage products
Buying to let and investments
First time buyers
Specialist mortgages
Why choose L&C for your mortgage?
It's easy!
As the UK’s No.1 online mortgage broker, we’ve made it easy for you to find your best mortgage in just a few simple steps. All you need to get started is to give us some basic information, which you can submit online using our Mortgage Finder, or in just a few minutes over the phone.
Over 90 lenders
We’ll then search thousands of mortgages from trusted lenders on your behalf, to help you find the best deal you’re eligible for. And don’t forget, our mortgage advisers are on hand to provide you with all the free advice you need.
Track your application
Once we’ve found the right deal for you and you’ve submitted your application, a dedicated case manager will support you through the mortgage process from start to finish, from form filling to chasing things up. You’ll be able to track your application online 24/7 or over the phone seven days a week.
Confused by the options?
Choosing the right mortgage for you can be really tricky.
At L&C our expert advisers guide you through the process.
Simple and efficient.
Considerations when applying for a mortgage
When you apply for a mortgage, there are several things to be aware of that might boost your chances of being accepted, or that could help you get a better deal.
A good starting point is to get a copy of your credit report, as lenders will look at this when processing your application so that they can see whether you’ve managed debts responsibly in the past. If your score is lower than you were expecting, you might be able to boost it by closing down any unused credit accounts and making sure you’re on the electoral roll.
Bear in mind that the bigger the deposit you can afford to put down, the wider the choice of mortgage options you’ll have available to you. Lenders tend to offer favourable rates if you have a substantial deposit or a significant amount of equity if remortgaging as they’ll consider you lower risk than someone with a small deposit.
Mortgage FAQs
How much could I borrow?
The amount you can borrow is based on a lender’s assessment of your income and outgoings. You can typically borrow up to four, or sometimes five, times your income, although this can vary from lender to lender. Use our mortgage calculator to find out how much you might be able to borrow.
Do I need a deposit?
You’ll usually need a deposit of at least 5% of the property value to apply for a mortgage. The bigger the deposit you can afford to put down, the wider the choice of mortgage options you’ll have available to you.
How many times my salary can I borrow for a mortgage?
Most lenders will allow you to borrow up to four, or sometimes five times your income. It can be a good idea to get a ‘Decision In Principle’ from our Mortgage Finder so you have a clear idea of how big a mortgage you might be able to get before you make a full application.
What mortgage can I qualify for?
The mortgages you’ll qualify for will depend on your credit history, how big a deposit you’ve saved or how much equity you have in your property if remortgaging, and on your income and outgoings. At L&C we can advise which deals you’re eligible for and how much they’ll cost.
How long does a mortgage application take?
It usually takes between 18-40 days for a lender to process your mortgage application, but it can take longer than this if your circumstances are complicated. You can find out more in our guide - How long does it take to get a mortgage?
Can I talk to someone about my options?
Our experts are on hand to talk you through your mortgage options and will support you throughout the application process. They’ll be able to recommend the best deal based on your individual circumstances and any advice you receive won’t cost you a penny.
What’s a repayment mortgage?
With a repayment mortgage, each month you pay back some of the capital you’ve borrowed as well as the interest you owe. This differs from an interest-only mortgage, where you only pay back interest each month, and repay the capital at the end of the mortgage term.
Check your mortgage options
Choosing the right mortgage for you can be really tricky. At L&C our expert advisers guide you through the process. Simple & efficient.