View more on these topics

Leadpoint sees remortgage demand skyrocket

LeadPoint has revealed demand for remortgage leads is continuing to soar.

Nick Chapman, managing director of LeadPoint UK, says the firm has seen a 53% rise in its buyer base and has sold more than 26,000 remortgage leads in 2008.

LeadPoint now trades mortgage, loan, private medical insurance, debt management and independent voluntary arrangement leads and is launching protection leads by the end of the month.

Chapman says: “In the current climate, businesses are looking to spend their marketing budgets more efficiently.

“As lenders approve fewer and fewer mortgage applications, brokers need to scrutinise their businesses to make sure every penny they spend on sourcing new business can be tracked and measured. Unlike traditional forms of marketing, lead generation gives you access to your target market at the press of a button.”


Hometrack reports 400% rise in AVM use

Mortgage intelligence business Hometrack has reported a 400% increase in the use of automated valuation models so far this year.

Disappointment over Chase UK exit

Portsmouth-based packager Chase UK made the decision yesterday to wind down the business in the face of current market conditions.John Mawdsley, spokesman at the Association of Mortgage Packagers and Distributors says he is disappointed to hear about another packager that has left the market.He says: “Some firms find it easier to adapt than others, maybe […]

50% profit fall at JPMorgan Chase

JPMorgan Chase has revealed its Q1 profit plunged more than 50% after suffering $5.1bn (£2.5bn) in writedowns on mortgage-backed security investments.

Darling accused of underestimating crunch risks

Chancellor Alistair Darling is under fire for underestimating the risks posed to the economy by the liquidity crisis.The Treasury Committee has told the chancellor that the Treasury may have given insufficient weight to the risks of financial market turbulence when formulating its forecast for economic growth.John McFall, chairman of the committee, says: “The Treasury’s forecast […]

Guide cover

Guide: Johnson Fleming produces auto-enrolment checklist

For a job as big as managing the auto-enrolment changes, it’s important to know what has been completed and what still lies in front of you to give you the reassurance that everything is in hand. Getting the planning and project management right at the outset can help you see the path ahead and ensure everyone knows their roles and responsibilities. To help with this, Johnson Fleming has produced a checklist outlining every step that needs to be taken when preparing for auto-enrolment.


News and expert analysis straight to your inbox

Sign up