Coreco

Office address: The Space HQ, Irongate, 30 Dukes Place, London EC3A 7LP 
Website: www.coreco.co.uk 
Year established: 2009 
Company type: financial services 
Employees: 60+ 
Expertise: large loan mortgages, residential mortgages, BTL, specialist mortgages, offshore mortgages, short lease mortgages, commercial mortgages, foreign currency mortgages, overseas mortgages, remortgages, first time buyer mortgages, contractor mortgages, self-employed mortgages 
Parent company: N/A 
Key people: Andrew Montlake (MD), Julian Ingall (director), Emma Hiley (specialist compliance manager), Natalie Thorpe (finance), Ria Findlay (client retention manager), Hayley-Louise O' Reilley (sales operations manager), Charlotte Fox (senior account manager) 
Financing status: N/A 

Coreco is a mortgage brokerage in London, providing expert mortgage advice and services. With over 60 employees, Coreco leverages 25 years of industry experience to offer personalised mortgage solutions. The company compares products from over 90 lenders, featuring more than 12,000 mortgage products. 

History of Coreco 

Coreco was founded in 2009 and has won over 25 awards and is FCA regulated, ensuring high standards of professionalism. It introduced a new brand and website to enhance digital growth and future-proof its services for mortgage brokers in 2018. In 2020, the company signed an introducer deal with Nick Dunning Associates, partnering with a 30-branch estate agency network to enhance financial services. 

In that same year, Coreco launched the Coreco Network to support brokers in establishing their businesses under the Coreco brand, offering comprehensive support and resources. In 2022, Coreco launched its first separately branded member, Coreco-MPS, to expand its network and enhance service differentiation. Then in 2023, the company acquired Paul Alexander Mortgage Consultants from The Hogarth Property Group to expand its client base and service offerings. 

Products and Services of Coreco 

Coreco has a suite of offerings aimed at accommodating their customers with specific mortgage needs. These include: 

  • residential mortgages: tailored mortgage solutions for home buyers, whether first-time buyers or experienced homeowners 

  • buy-to-let mortgages: specialised products for property investors looking to rent out their properties 

  • remortgaging: assistance in finding better rates and terms for existing mortgage holders 

  • bridging loans: short-term finance solutions for various purposes, including property development 

  • commercial mortgages: financing options for businesses looking to purchase or refinance commercial property 

  • insurance products: a range of insurance options to protect homes, investments, and personal health 

  • equity release: solutions for homeowners to unlock equity tied up in their property 

  • specialist mortgages: tailored advice and products for complex needs, including self-employed and adverse credit borrowers 

Culture at Coreco 

Coreco's culture is defined by its commitment to excellence, customer focus, and innovation. The "Coreco DNA" includes a dedication to quality service, continuous improvement, and a supportive environment. The company upholds these values by also providing for their employees with perks and benefits, such as: 

  • competitive salary and performance-based commission 

  • ongoing training and development opportunities 

  • supportive and collaborative work environment 

  • flexible working arrangements 

  • inclusive and fun team environment 

  • opportunities for career advancement 

  • benefits like pension, health insurance, and discounts 

Coreco emphasises equality, diversity, inclusivity, and mental health within its organisational culture. They strive to create an environment where every employee feels valued and supported, fostering a diverse workforce that reflects their client base. Initiatives include: 

  • equality and diversity: 

  • supports Working in Mortgages 

  • members of Association of Mortgage Intermediaries 

  • participates in the Diversity & Inclusivity Finance Forum 

  • all employees have same base pay with performance-based KPI bonuses 

  • co-founded the Mortgage Industry Mental Health Charter 

  • mental health: 

  • participated in Mental Health Awareness Week 2023 

  • offer flexible hours and remote options 

  • provide counselling and mental health resources 

  • organise yoga and mindfulness sessions 

  • promote balance with adequate time off 

  • support for women: 

  • commits to the Women in Finance Charter 

  • set high targets for gender balance in senior management 

  • encourage women to work hard, act as equals, and stand their ground 

  • advocate for women to support each other and speak up against unfair treatment 

Coreco's commitment to community and charity is integral to their corporate ethos, fostering a culture of giving back and social responsibility. This approach is essential as it strengthens community ties, promotes employee engagement, and enhances the company's reputation. Initiatives include: 

  • charity gig for Shelter, supporting the homeless 

  • walking challenge to promote health and raise money for charity 

  • hair donation to The Little Princess Trust for cancer patients 

  • participated in the Vertical Rush for Shelter 

About Coreco Managing Director Andrew Montlake and Key People 

Andrew Montlake serves as Coreco's managing director. Montlake's professional history includes working as an associate partner at Cobalt Capital and as a consultant at John Charcol. He earned a BA (Hons) in economics and politics from Leeds Beckett University and A-levels in English and economics from John Lyon School, Harrow. 

The people that help Montlake in leading the company includes key individuals, such as:   

  • Julian Ingall, serving as director, oversees strategic business development 

  • Emma Hiley, specialist compliance manager, ensures regulatory compliance and best practices 

  • Natalie Thorpe, from finance, manages financial operations and making sure employees get paid on time 

  • Ria Findlay, as a client retention manager, focuses on maintaining client relationships 

  • Hayley-Louise O'Reilly, as sales operations manager, optimises sales processes and performance 

  • Charlotte Fox, a senior account manager, handles major client accounts and ensures service excellence 

The Future at Coreco 

Coreco sets out to expand its operations and services while focusing on integrating diversity and inclusivity in their business. Andrew Montlake was recently nominated for a significant recognition award for his passion in driving positive industry transformation. This accolade improves the company’s reputation, attracting top talent and boosting client trust in their expertise. 

Coreco's acquisition of a leading mortgage broker from a property firm demonstrates the strategic development of its service offerings. The purchase of Paul Alexander Mortgage Consultants further shows the company's growth strategy, expanding market reach and integrating additional expertise. With positive showings of company initiatives and recognition, the company heads towards the rest of the year with strengthened client trust and industry standing. 

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