Estate Agent doesn't recognise London & Country

RancidM

right-move are a !!!!! for this sort of thing.

We had a memorandum of sale for our house in SW16, a copy of our current mortgage commitment and a MIP from L&C for less than a third of the asking price.

We put an offer in on a house and RightMove said they had been instructed by the vendor not to put forward any offers until the buyer had been financial "qualified" and the only person who do that was their own in house mortgage broker.

crooks...

LandCmortgages

We’re sorry to hear that your estate agent wouldn’t accept our decision in principle recently. Our decision in principle aims to give you a good idea of how much you might be able to borrow, taking into account the circumstances and credit details that customers have disclosed to us. As with any decision in principle this is not a guarantee that you will definitely be offered a mortgage – when you make a full application and lenders see more information, the lender may change their decision or offer you different terms. Generally however it’s a good guide to help you look for properties in your price range and give sellers the confidence that you’re ready to buy and have already engaged with a mortgage adviser.

In contrast, a mortgage offer is an official confirmation that a lender will lend to you. You’ll only be given a mortgage offer once you’ve gone through the full mortgage application process, and provided the lender with all the information they need.

Getting an agreement in principle from a lender will involve a credit search and in most cases will leave a footprint on your file. If over the time you end up taking multiple agreements in principle it can mean multiple credit searches, which could damage your credit score.

As a broker with access to over 90 lenders, we aim to choose the best mortgage deal for you and then submit one mortgage application at the right time. Here’s some more information on the effect of multiple credit searches on your credit score from the MSE website: https://www.moneysavingexpert.com/loans/credit-rating-credit-score