London & Country is in talks with Habito about a possible combination to create one of the country’s largest mortgage brokers, a report from Bloomberg has claimed.
According to people familiar with the matter, both firms are working with advisers on a deal that could be announced in the coming months.
Those people, who asked not to be identified because the talks are private, said the plan was to combine London & Country’s army of over-the-phone advisers with Habito’s online technology platforms.
Discussions between the two companies are ongoing and could still be delayed or fall apart, according to the sources.
A spokesperson for Habito said: “We look forward to sharing more about our growth plans for 2022 and beyond in due course.”
When contacted by Bloomberg a representative for London & Country declined to comment.
Habito was valued at about US$180m in its last funding round.
