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| Leadbay Loans launches |
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| 12th May 2006 |
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Leadbay Loans will be launching on Wednesday 17th at the Mortgage Expo in Manchester. A champagne launch will take place at the Leadbay stand, no G42, at 11am. Chris Cummings will be conducting the launch ceremony.
Leadbay Loans follows the huge success of Leadbay Mortgages which launched in January 2005. Uniquely in the market place Leadbay enables brokers to bid for the category of lead that they want. So brokers who are looking for clients in need of a loan will be able to specify, not only the post code area in which they would like the client to be, but also the size and type of loan required - and then receive their exclusive lead within seconds of the borrower requesting a phone call form the broker. This innovative ‘pre-auction’ system ensures that a broker never pays more for a loan lead than the market price.
Leadbay Loans will cater for seven different loan types: |
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 Secured loans |
| Adverse secured loans |
| Unsecured home owner loans |
| Tenant loans |
| Adverse tenant loans |
| Debt management leads |
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The Leadbay system has been developed around broker requirements and offers complete flexibility, so that brokers can use the system as often or as little as they choose to fit in with their requirements. There is no contract tying a broker in; therefore they don’t need to spend a minimum amount of money each month or buy a certain number of leads. It doesn’t matter if a broker takes a holiday for two weeks or two months – if they choose not to buy leads in that time there is no penalty. This unique proposition has been developed to be the broker’s friend.
Toby Hughes, Leadbay Business Development Manager says, “This is the first time that a loans lead system such as this has existed for brokers. It will provide a really valuable resource for brokers to generate more business, at the times when they most need to. It has been designed with the broker’s requirements in mind so the Leadbay system is completely flexible and easy to use.”
Brokers will be able to register for Leadbay Loans at www.leadbay.co.uk from the launch day on Tuesday 16th May and will start receiving leads when the full system will go live on May 23rd. |
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| Notes for editors |
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| Leadbay Loans and Leadbay Mortgages form part of Add Momentum which launched in the summer of 2003. It focuses on delivering innovative services that are customer-focused and easy to use. Its ethos is to bring people and technology together; to help people to fulfil potential, achieve new things and make a real difference. |
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The Advantage
Our leads are primarily sourced through the internet from customers who have
confirmed they are actively seeking a mortgage or loan, and wish to speak to an
advisor.
The Security
To ensure that the process is within FSA guidelines, Leadbay has been reviewed
and endorsed by the top UK compliance firm
threesixty
Our Goal
Leadbay's immediate goal is to provide the best service to mortgage and loan
advisers and professionals, by sourcing fresh internet enquiries. These are
then sold in the most flexible way possible, at the prices you want to pay.
Leadbay's long term goal is to become the industry leader, and through quality,
innovation and value for money, set the standard in lead provision.
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