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| Brokers still work on Christmas day |
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| 9th January 2007 |
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Industrious mortgage advisers still worked on Christmas day. Double the number of advisers bought mortgage leads on Christmas day in 2006 compared to 2005, and just as surprisingly almost one hundred borrowers came through the Leadbay system having logged on to their computer on Christmas day to ask for mortgage advice.
Surprisingly Christmas Eve was the quietest day of the year in 2006 with the same number of advisers buying leads on Christmas day as on the last working day before Christmas, Friday, 23rd December.
Volumes have also picked up more quickly than normal at the beginning of the year, with over double the amount of advisers, taking advantage of low lead prices and buying leads in the first week of January this year than they did in 2006.
Simon Baker, Leadbay operations manager says, “We did not see the usual slow down in mortgage activity in December, and January already shows signs of bucking the usual trends. The first few weeks of January are a sensible time for advisers to be buying leads as there are a high number of potential borrowers looking for advice and lead prices are considerably lower than they are in the rest of the year.” |
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| Notes for editors |
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| Leadbay launched in January 2005 after a thorough study of mortgage advisers’ needs and requirements; it forms part of Add Momentum which launched in the summer of 2003. Add Momentum 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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