Experian takes stake in UK’s largest fee-free mortgage advisory firm
Nottingham-based Experian has taken a 25% share in the UK's largest fee-free mortgage adviser.
The deal will see Experian take a minority stake in London & Country Mortgages (L&C), which is based in Bath, but has offices in London and Newcastle and employs 350 people.
Mike Edge, L&C’s chairman will remain the majority shareholder with a "significant" portion of equity remaining with L&C’s management and employees.
Edge said: “We are delighted that Experian has chosen to invest in L&C, a fantastic bus... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
