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The Mortgage Route A to Z
London weighting

This glossary or A to Z should help clear up any confusion as to what terms mean what in the mortgage and insurance industry

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Letter L

London weighting

Additional payment made to an employee for living or relocating into a big and expensive town or city. You will normally associate this allowance with London due to the high cost of living in the city. This payment can normally be taken into account when calculating income multiples.

FSA declaration and important text about mortgage advice