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Equity Release Mortgage Advice
Understand your equity release options with clear, no-fee mortgage advice that puts your home, future plans and family first.
30+ Years’ Experience
Nationwide Service
Releasing equity from your home is a major decision
If you own your home, you may be considering whether some of its value could help support your plans in later life.
You may want to improve your home, clear existing borrowing, support family, supplement retirement income or create greater financial flexibility.
Equity release can be an option for some homeowners, but it is not right for everyone.
At Covermore, we help you understand how equity release works, what may be available and what important factors should be considered before making a decision.
Thank you,
Raphael Ihuoma.
I highly recommend Nigel and Covermore Insurance to anyone looking for reliable coverage and top-tier customer service.
What really stood out was the level of care and dedication he showed nothing was too much trouble, every question was answered promptly, and we always felt completely supported. It’s rare to come across someone so knowledgeable and genuinely committed to getting the best result for their clients.
Thanks to Barry, what could have been a stressful process was handled smoothly and with total confidence. We can’t recommend Covermore highly enough.
We had a fantastic experience with Covermore Financial, and especially with Eric. From start to finish, the mortgage process was smooth and well-handled. Eric’s professionalism, knowledge, and guidance made everything so much easier for us. He truly went above and beyond.
We are delighted with our new home and very grateful for the excellent support we received. Couldn’t recommend Covermore Financial enough!
Emilia was incredibly knowledgeable, patient, and supportive. She took the time to understand my needs and guided me through the mortgage process with clarity and confidence Her professionalism and attention to detail made the entire experience smooth and stress-free.
I wholeheartedly recommend Emilia and the team at Covermore Financial to anyone seeking reliable and expert financial or mortgage services. They go above and beyond for their clients, and I couldn’t be happier with the outcome.
Why people consider equity release
Supporting retirement income
Some homeowners consider equity release to create greater financial flexibility during retirement.
Home improvements
You may want to fund repairs, accessibility improvements, renovations or changes that help you remain in your home comfortably.
Clearing existing borrowing
In some circumstances, homeowners may consider equity release to repay existing debt or reduce financial pressure.
Helping family members
You may be thinking about supporting children or grandchildren with education, housing or other significant life costs.
Planning for later life
Equity release may be considered as part of wider retirement, estate and long-term financial planning.
No-fee financial advice.
30+ Years of Experience.
Long-term support.
Clear guidance.
How Covermore helps with
equity release advice
Financial planning should not feel intimidating.
Understand your current position
We begin by discussing your home, mortgage position, income, financial commitments, future plans and what you are hoping to achieve.
Explain how equity release works
We explain the available options in plain English, helping you understand the practical and financial implications.
Consider the wider picture
We look beyond the immediate reason for borrowing and consider how equity release may affect your retirement income, inheritance, family, care plans and long-term financial position.
Explore alternatives
We help you consider whether equity release is the right route or whether another option may better suit your circumstances.
We have partnered up with Ireland’s leading Life Insurance providers & Mortgage lenders
Based on
your situation
Buying a property to let involves different considerations, from rental income and deposits to lender requirements.
We take the time to understand your plans, explain your options clearly and help you decide what may suit your circumstances.
I want to remain in my home
We can help you explore whether equity release may support your plans while allowing you to remain in your property.
I want to improve or adapt my home
You may be considering renovations, repairs or accessibility improvements that make your home more suitable for later life.
I want to clear existing borrowing
We can help you understand whether equity release may be appropriate and what the long-term implications could be.
I want to support family financially
We can help you consider the impact of releasing equity to support children or grandchildren with major life costs.
I want greater retirement flexibility
We can help you review equity release alongside pensions, savings, investments and wider retirement planning.
I am not sure whether equity release is right for me
That is completely normal. We can help you understand the options, potential risks and alternatives before you make any decision.
What to prepare before speaking to an advisor
It can be useful to have a general understanding of:
Your age and household circumstances
Your property’s approximate value
Any existing mortgage or borrowing secured against your home
Your income, pension arrangements and regular outgoings
What you would like the funds for
Your plans to remain in, sell or adapt your home
Do not worry if you do not have every detail ready. We can help you understand what information may be needed.
Not sure what financial step to take next?
Do Covermore charge a fee for equity release consultations?
Covermore provides no-fee consultations. We will explain clearly how the process works before you make any decision.
Is equity release right for everyone?
No. Equity release can be a significant financial decision and may not be suitable for every homeowner. It is important to understand the costs, risks, alternatives and long-term implications.
Can equity release affect the inheritance I leave behind?
It may reduce the value of your estate, depending on the product and amount released. This is an important consideration to discuss before proceeding.
Can I release equity if I still have a mortgage?
This will depend on your circumstances, the amount outstanding and provider criteria. Existing secured borrowing may need to be repaid as part of any new arrangement.
Can I use equity release for home improvements?
Some homeowners consider equity release for repairs, renovations or accessibility improvements. We can help you understand whether it may be suitable for your circumstances.
Will I need legal advice?
Independent legal advice may be required as part of the process, depending on the product and provider.