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Coreco Group acquired by OneDome




OneDome has acquired major mortgage broker Coreco Group, subject to FCA approval, for an undisclosed seven figure sum.

By joining the digital homebuying platform, Coreco aims to grow their introducer base, expand their financial education programme with employers, increase lead flow, and use OneDome’s technology and data-driven insights to streamline the mortgage process.

Current Coreco managing director Andrew Montlake will become CEO of Coreco Group, tasked with helping to grow the company, its introducer base, employer financial education services, and self-employed broker numbers over the coming years.

Coreco commercial director Julian Ingall and Andrew will join OneDome group’s management team, and Coreco’s management team will remain in their roles.

Julian will be tasked with looking to grow the specialist and commercial team and introducer base, as well as looking for acquisition targets in this space.

Babek Ismayil, OneDome group's founder and CEO (pictured above), said: “Bringing Coreco into the OneDome family is transformative for our vision of seamless property transactions.


“We are thrilled to welcome Andrew and Julian to our executive management team to drive our ambitious growth plans.”

Andrew commented: “This acquisition marks a significant milestone for Coreco and is the latest step of our exciting journey.

“In an increasingly changeable market, our hard-working Coreco family deserve the stability and opportunities that being with a bigger group can bring, without any change to our fantastic brand or company DNA.

“We have been looking for an investment partner for some time, and having spoken with Babek for several years, I have been continually impressed with both his passion and ingenuity.”

Julian added: “I look forward to working with One Dome to grow the Coreco commercial team and our specialist and commercial footprint further.

“There are so many opportunities in the mortgage market, especially within the specialist and commercial arena, and it has been frustrating to not always have had the chance to make the most of these.

“This deal changes that and gives us both the impetus and clout to really make a difference.”

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