Anyone dealt with UK-based "Land Finance Mortgage"? Not sure if legit.

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by a searcher from University of Virginia-Darden - Darden School of Business
in Toronto, ON, Canada

1yr ago

Anyone dealt with UK-based "Land Finance Mortgage"? Not sure if legit.

redacted

This company reached out offering business loans and quoted a competitive rate. But they seem shady. Broken english and bad grammar in email, tall claims ("we lend up to $1B"), and terms that sound too good to be true. Has anyone dealt with these guys?

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reply by a searcher 1yr ago
from University of Virginia in Toronto, ON, Canada

Thanks for the response folks. ^redacted‌ I think you're right, they are probably impersonating an existing business. I responded to them just to dig deeper, and they said they don't need any personal guarantee - just an insurance policy I will have to buy from them, prior to the underwriting party disbursing the loan. Sounds like a scam - I shouldn't have to pay money upfront to borrow money. And broken English from a supposedly English business is just a huge red flag.

reply by a searcher 1yr ago
in London, UK

That's a scam. As others have mentioned, an apparently legitimate company does exist by that name. It seems to be run by a couple of chartered engineers. I've never dealt with them but their accounts are here (redacted). and the manager seems to be redacted. The company is nearly 100 years old but the domain name was only registered 2-3 years ago and has whoisprotection.cc enabled with an administrative address in Malaysia… looking at how the site looked in archive.org a couple of years ago (redacted), even the proprietor's name is misspelled: Mr "Nocolas" Hilbery Chaplin. Throw in the weird copy—e.g. "we are responsible for dreams"—and it's 100% a scam, impersonating a legit business.