Half a million borrowers use Leadbay

Leadbay has revealed it has generated £73.8bn worth of business for advisers in just over two years since its launch.

It says half a million borrowers have used the site to seek mortgage advice since its 2003 launch and it passes almost £3.5bn of untapped mortgage business on to advisers every month.

Simon Baker, operations manager at Leadbay, says: “Half a million borrowers through Leadbay is fantastic news for mortgage brokers.

“With the quantity of high quality leads that Leadbay is generating, there is no need for any mortgage adviser in the country to be short of work.

“Adviser firms of all sizes can benefit. We currently have smaller advisers buying leads to top up their end of month figures, while some of the country’s biggest firms of advisers use Leadbay continually to ensure that their call centres have a constant supply of new borrowers to phone.”