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Leadbay expands staff numbers

Lead generation provider Leadbay has expanded its team by 20% in the past month and is continuing to appoint customer service staff. Leadbay first launched its leads bidding system in January 2005 with under 10 staff but now has 30 employees. The company says it is expanding its customer service team to ensure that it remains responsive to advisers’ needs.

Maarten Westerduin, managing director of Leadbay owner Add Momentum, says: “Leadbay was established to act as the adviser’s friend and to fit in with brokers’ working methods. Our rapid growth proves we are getting our proposition right but we won’t rest on our laurels.”


Get off the sidelines and get involved with HIPs

As you’re probably aware, the Home Information Pack dry run is underway in six towns across the country – Bath, Cambridge, Huddersfield, Newcastle, Northampton and Southampton.

FSA fines mortgage firm for cold-calling

The Financial Services Authority has fined Capital Mortgage Connections £17,500 for rule breaches including cold calling potential customers. This is the first time the regulator has taken action against a firm for cold calling.The fine also includes CMC’s failure to treat its customers fairly by being unable to demonstrate that it gave appropriate pricing information […]

Interest-only splits brokers

Brokers are split over whether they would offer a first-time buyer an interest-only mortgage, shows research by Alliance & Leicester.Of 202 brokers questioned, 51% say they would recommend an interest-only mortgage to a first-time buyer, 34% say they would not and 13% are uncertain.Mehrdad Yousefi. head of intermediary mortgage at A&L, says: “This remains a […]

Mortgage tracking by mobile phone

Conveyancing Mobile has lau-nched a tracking system that allows clients and conveyancers to communicate via mobile internet technology. The software integration is de-signed to allow clients of law firms to monitor the progress of their cases through their mobile phone. A text message can be sent to clients allowing them to view their conveyancing file, […]


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