Leadbay is now offering ‘telephone qualified’ remortgage leads, which it believes are easier to convert.

Leadbay phones every lead in-house, to confirm that the person is definitely looking to speak to an adviser and to remortgage within the next three months before passing the consumer’s details on to the adviser.

The firm confirms the size of the borrower’s deposit and where the deposit is coming from they also gather as many additional details as the borrower will reveal, including the best time to call.

Each telephone qualified remortgage lead will have a minimum mortgage size of £75,000 and a maximum of 80% loan to value.

Leadbay first launched telephone qualified leads at the end of last year, initially with life assurance leads, and are now in the process of being rolled out to wider variety of leads.

Jonathan Barrett, Leadbay head of sales, said: “The extra checks put in place with telephone qualified leads seem to make a really positive difference to the amount of leads that an adviser can convert. Remortgage leads are the leads that mortgage advisers want the most at the moment