Leadbay secures buyer

The deal, which completed on New Year's Eve, will see all of the group's brands, including Leadbay and Add Momentum, taken on by Mitchell Farrar Group, along with its technology, intellectual property and databases. However, liabilities will not be transferred. It was confirmed on 23 December 2010 that Leadbay had ceased trading, with all 21 staff made redundant with immediate effect. Mortgage Solutions revealed that its sale would leave brokers £200,000 out of pocket. Mitchell Farrar Group also owns the Debt Advisory Line, Investor Compensation, the Financial Advisory Line and Mit...