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.
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.
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
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
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
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.
Attendees can explore sessions on market trends, specialist finance, and many other topics
It aims to share the industry's collective knowledge through educational content and workshops
One raises maximum loan-to-value, the other increases loan-to-income caps
Coreco advisers can source the lender's range of five- to 15-year fixed rate mortgages
Hearing about the finance industry, he thought, "I would love to do that"
Brokers react to the Chancellor's statement
Brokers react to inflation falling to 4.6%
Table registrations open for the prestigious, live awards gala
Many believe small businesses will feel the full force of this decision
Brokers discuss the idea of 'Dutch-style' mortgages – one thinks its "bonkers"