Massive rise in remortgage lead sales reported
Lead generation company Paaleads.com has reported that the Bank of England’s dramatic rate cut last week has caused large increases in mortgage lead sales.
Simon Williams, head of business development at Paaleads.com, said:
“On Thursday we generated and sold an all time record number of remortgage leads, more than three times as many as a typical Thursday.”
The Bank of England’s decision to cut the base rate to just 3% has generated much speculation in the financial world.
November 11th, 2008 at 5:49 pm
Yes, but was that before or after the banks had closed their tracker deals…? I’d be interested to know if the uptake returns to pre-Crunch levels.