Coreco has hired Nick Morrey as its sales technical director to manage its team of brokers.

The firm says Morrey will be tasked with growing its broker team in London, in its new office in Southend and across the country.

It adds that the new sales technical director “will be instrumental in helping to provide technical assistance to brokers, nurturing new starters and assist with lender relationships which are more important than ever before”.

Morrey joins from rival broker John Charcoal where he was product technical manager.

Coreco managing director Andrew Montlake says: “It is very hard to acquire someone of Nick’s pedigree in the industry and Nick not only has a broad range of experience honed over many years, but is well respected by our lender partners and the industry as a whole.”

“He will be an invaluable help to all our brokers, both new and experienced, as well as to me personally. This will allow me to push forward with our overall strategy and exciting plans we have in store for Coreco.

“We already have a highly respected brand and our Coreco family is packed full of great talent, but we want to cement ourselves as the top brokerage that talented individuals of all backgrounds aspire to work for.

“Nick is one of several pieces of the jigsaw we have been looking for and I am sure there will be other interesting announcements in the near future as we complete our structural changes.”

Coreco’s Morrey adds: “Coreco is a terrific company with a great reputation. They have mortgages and customer service at the heart of their DNA, and I am very much looking forward to being a part of the projects to come.”