View more on these topics

“eBay style” mortgage lead auction site launched

A new “eBay style” website has launched offering mortgage leads to IFAs and brokers.

The website, Lead Magpie, allows intermediaries to bid for mortgage leads. The lead is then sent via email or text message to the winning bidder.

Software company Nebius owns the website. Nebius director Stuart Cam says: “We’ve collaborated with IFAs to understand what they expected from a lead supplier and what was not working with existing solutions. It emerged that there was a need for high-quality, real-time, fairly priced UK mortgage leads. We believe Lead Magpie fills this gap.”

Fellow Nebius director Valere Speranza says: “We give brokers total control in the selection of leads they wish to bid on, allowing to bid for example only on low LTV, professional mortgages within three miles of the BS8 postcode area.”



Standard hits out at Hargreaves and AJ Bell over pension transfer system

Standard Life has criticised Hargreaves Lansdown and AJ Bell for not signing up to automated pension transfer system, Options. Options, which is run by Origo, allows providers to transfer funds automatically at retirement. Options II, which Standard Life is testing, would automate pension transfers before retirement. Standard Life head of pensions policy John Lawson says […]


Hong Kong regulator Wheatley to head CPMA

Martin Wheatley, the outgoing head of Hong Kong’s financial regulator, is to head the Consumer Protection and Markets Authority. His appointment was confirmed during a session of the Treasury select committee today. Wheatley will leave the Hong Kong Securities and Futures Commission in June and will join the FSA as managing director of its consumer […]

Mark Burgess appointed co-manager on Threadneedle funds

Threadneedle chief investment officer Mark Burgess has been appointed co-manager with Alex Lyle across three funds within Threadneedle’s range. Burgess will share co-manager duties with Lyle across the £232m global equity fund, £630m global equity and bond fund and the £832m equity and bond fund. Burgess joined Threadneedle as chief investment officer this month from […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment