From Chris Platt An advert for paaleads.com in your last edition prompted me to write about my experience with this company. The advertisement is misleading as it suggests that an intermediary would earn 2,200 froman outlay of 325. I recently bought 15 leads at 32.50 per lead and as this was my first purchase from paaleads, it generously gave me an additional five. I followed up every lead without delay and also wrote to each enquirer. Where possible I also emailed them. I visited a number of people at their home addresses. The majority of people I spoke to had no intention of seeking a mortgage and many of those that did aspire to home ownership had little or no income. Paaleads gave me three or four new leads to replace those where a telephone number didn’t exist but none produced any result. The result is that I have not yetsigned up any of the supposed potential clients so where is my 577% profit? The company’s attitude when I reported this experience was one of indifference. Apart from the financial commitment, I invested a considerable amount of time following up these leads to no avail. Was I just unlucky?
A specialist commercial mortgages exam module is being developed by the Institute of Financial Services, with a launch expected early next year. Though the final syllabus has yet to be confirmed, it is anticipated this module will address the specialist lending requirements of this sector and the range of products available. Mark Roberts, head of […]
Rightmove’s plans for a scheme that defers payment of Home Information Pack costs until sellers complete on a property means rivals will have to fund HIPs upfront to compete, says Frank Eve
Data from SmartNewHomes.com reveals that Leeds has seen a huge increase in the number of new homebuyers looking to move to the area over the last year. The figures make Yorkshire & Humberside the third most popular region in the UK behind only the South West and Scotland. Leeds popularity stems from its extensive regeneration […]
HBOS head of specialist lending Michael Bolton and Halifax director of Intermediaries Alan Cleary dramatically quit the organisation yesterday to join The Oakwood Group, a London-based private equity firm fronted by Future Mortgages founder Mike Culhane.John Nixon, currently operations director for The Mortgage Business and BM Solutions, Rob Williams, BM Solutions head of underwriting and […]
It’s important employers remember this like an alarm going off in their head. Employees care about their health. And they’re calling on employers to provide them with health benefits. In a survey we conducted, we asked 1,005 UK SME employees to choose the top three employee benefits they would value most: 48% of employees voted […]
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