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Monty's Mortgage Blog

Brexit Reaction

24th June 2016

Today has seen a surprising and monumental decision for the Leave camp who have won the EU Referendum. Things are never that simple however, so there will no doubt be a period of uncertainty, with even the possibility of a re-vote thrown in. In the meantime, Andrew Montlake, Director at Coreco comments on the situation at […]

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Discover Why Press Reports on London Property Are Dangerously Inaccurate

22nd June 2016

In our latest guest blog we take a closer look at the housing market courtesy of Jeremy McGivern, an expert in acquiring property in London, the Founder of Mercury Homesearch and the author of ‘The Prime London Property Puzzle’. It’s suffice to say he knows a thing or two about analysing the property market and […]

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Brexit, Housing & Mortgages – An EU Referendum Special

21st June 2016

We are now officially at the peak of the EU Referendum frenzy, with most minds made up and nervous politicians, Eurocrats and business leaders pacing up and down and wondering what is going to happen. The biggest issue with the Brexit debate has been the fact that both sides have run a pretty poor campaign, […]

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I don’t like cricket… I love it

14th June 2016

Last Wednesday Coreco combined with Keatons Estate Agents for a day of fun, sun and cricket at Wanstead Cricket Club. Dodging the occasional shower, the friendly rivalry hotted up on the pitch with Keatons pipping us to the post with a score of 167/5 Keaton’s (20 overs) to our 158 all out (19.1 overs). Congratulations […]

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Weekly Mortgage Market Update

13th June 2016

Coreco were in the Daily Mail last week talking about 2nd Charge loans, which have risen in prominence since the latest round of European Regulation made it necessary for advisers to consider them in any case where borrowers are looking to remortgage and raise additional cash to finance, well, anything from paying off debts to […]

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Brexit – A Storm in an EU Cup

07th June 2016

The latest in our series of Guest Blogs covers the subject on everyone’s lips at the moment; the EU Referendum. Who better to talk about this than Alastair Constance who runs Mercury FX  and Ethical Currency ; both of which help many of our clients transfer money from abroad. Anyway, over to Alastair! … Perhaps […]

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Private Bank Market Update

07th June 2016

In the spirit of covering all our angles, many of our clients are able to get some interesting deals from Private Banks, who specialise in the High Net Worth space. With this in mind I asked one of our very own Rob Gill to update us on the latest. While mainstream lenders have made steady […]

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100% Mortgage Returns? Barclays Upgrade Family Springboard Mortgage

04th May 2016

Barclays have today announced that their new and improved Family Springboard mortgage no longer requires the borrower to put in a 5% deposit, which in effect means that 100% of the property value can now be borrowed. To access the deal however, prospective borrowers will need parents to deposit 10% of the value of the […]

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Bank of Mum & Dad – A Top 10 Lender!

03rd May 2016

Legal & General have released an interesting report  today showing that the Bank of Mum & Dad are gifting their kids so much cash that if this was projected into lending terms they would be the equivalent of a top 10 lender! In 2016 they expect parents to lend some £5 billion to children, meaning […]

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Landlords Face First Big Change to Lender Rental Coverage Calculation

29th April 2016

The Mortgage Works have become the first big lender to change their rental calculations for landlords looking to obtain a Buy To Let mortgage as a direct consequence of upcoming tax changes. The Mortgage Works have upped their rental coverage requirement from 125% at an assumed rate of 4.99% for loans up to 65% Loan […]

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Bow Terrier

Mortgage Guides

This is Bow, he’s a plucky little Boston Terrier and knows a thing about mortgage applications. His owner, Patrick, is one of our clients and Bow here helps with his paperwork. If there’s anything you need to know about mortgage applications or the paperwork entailed then check out our advice hub – it has everything you need!

View the mortgage guides

Andrew Montlake

About Monty

Andrew Montlake, Director and Spokesperson for Coreco, gives his honest and forthright views on the mortgage market, economy and all things property related. Monty was voted "Mortgage Personality of the year 2008", "Best Press Spokesperson" in 2011 and is the current holder of the British Mortgage Awards “Best Marketeer” title. Expect expert analysis, delivered in a down to earth style with a side helping of exuberance.