60 seconds with…Andrew Montlake

Communications director, Coreco

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Andrew Montlake
Communications director
Coreco

 

How has Coreco performed in 2010?
We’re very pleased with the way Coreco has performed this year. We’ve posted our first year accounts and we’ve managed to post a small profit. We’ve picked up three or four good estate agency contacts and we’re looking to expand and actively looking to recruit more brokers.

What are you expecting from next year for the market and for Coreco?
I think it will still be a period of consolidation for many. While I think there are some positive signs with the return of buy-to-let, to a certain degree, I don’t think there’ll be a massive amount of lending. But I don’t think it’s as bad as some people are making out. As ever, the mortgage market is as bad as you want to make it. We will continue our careful and steady growth plans in 2011 and actively look to recruit.

What is the proudest moment of your career?
There are two moments that stand out. One was winning the Mortgage Strategy Mortgage Personality of the Year award at the Mortgage Strategy awards in 2008. But it’s probably the creation of Coreco. When we posted our first year accounts it was a proud moment. Being successful with Coreco makes me proud every day.

If you were head of the Financial Services Authority for a day what would you be doing?
I would halt the Mortgage Market Review plans and, starting with a blank piece of paper, I would set in motion a series of meetings with the Council of Mortgage Lenders, the Association Mortgage Intermediaries and other parties to look at how best to realistically regulate the industry.

If you were not in financial services what would you be doing?
Well, I think I’m too old to be a rock star so I would probably be in PR or a struggling journalist.

Do you have any secret talents?
I write my own songs and play guitar – but I also do a mean impression of George from Rainbow.

What book are you reading at the moment?
I’m reading The Referral Engine by John Jantsch, who also wrote Duct Tape Marketing and is a general marketing guru. I have just finished One Fine Day In The Middle Of The Night by Christopher Brookmyre on the recommendation of Lloyd’s Banking Group’s Peter Curran – it’s excellent fun.

Interview by Christine Toner