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Leadbay considering a number of offers

Leadbay is believed to have received a number of offers for its assets, but has not yet decided on a buyer.

Yesterday Mortgage Strategy revealed that the lead generation firm has stopped trading and is seeking a buyer.

Documents filed on Companies House show another company Leadbay Media Services Limited was incorporated on November 15 2010.

The company lists Robert Ridge as a director, the current head of Leadbay Media Group.

In May Leadbay’s parent company, Add Momentum Holdings joined forces with the All About Group, creating the largest financial services lead generation company in the country.  

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JONATHAN CORNELL, HEAD OF COMMUNICATIONS, FIRST ACTION FINANCE

Marketwatch

Gross lending figures for this year are likely to disappoint and we are probably going to have to wait beyond 2011 for any good news in this
regard. And the prize for stating the obvious goes to Bank of England

Life after the CML

By Roy Armitage, head of credit at LendInvest Last month saw three-quarters of the membership of the Council of Mortgage Lenders (CML) vote in favour of plans to create a super-trade body, which would see the CML merge with the likes of the British Bankers’ Association and Payments UK. There is little room for misty-eyed […]