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Mortgage Top-Up Advice
Explore your additional borrowing options with clear, no-fee mortgage advice from experienced brokers.
30+ Years’ Experience
Nationwide Service
Considering a mortgage top-up?
A mortgage top-up can allow you to borrow additional funds against your home, subject to lender criteria, affordability and the equity available in your property.
You may be considering a top-up to fund home improvements, an extension, renovations, education costs or another major financial goal.
At Covermore, we help you understand how a mortgage top-up works, what lenders may consider and whether it could be a suitable option for your circumstances.
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.
What can a mortgage
top-up be used for?
Home improvements
Energy upgrades
You may be considering upgrades such as insulation, windows, heating improvements or renewable energy systems.
A growing family
As your family grows, you may need more space or want to improve the home you already have.
Education or future plans
Some homeowners consider additional borrowing to support significant future expenses or long-term plans.
Consolidating other borrowing
In some circumstances, homeowners may explore whether a mortgage top-up could be used to consolidate other borrowing.
No-fee financial advice.
30+ Years of Experience.
Long-term support.
Clear guidance.
How Covermore helps with
mortgage top-ups
At Covermore, we believe good advice starts with a proper conversation. We take the time to understand your life, your concerns, your goals and what you already have in place.
Then we help you identify what may need attention now, what can wait, and what your next smart financial decision should be.
Financial planning should not feel intimidating.
Review your current mortgage
We start by helping you understand your existing rate, term, repayments and mortgage position.
Understand your borrowing needs
We discuss what you are hoping to fund, how much you may need and how the additional borrowing could fit into your wider financial plan.
Explore suitable options
We help you understand whether a mortgage top-up, remortgage or another option may be worth considering.
Explain the costs clearly
We explain the potential impact on repayments, mortgage term and overall borrowing, so you can make an informed decision.
We have partnered up with Ireland’s leading Life Insurance providers & Mortgage lenders
Based on
your situation
A mortgage top-up may help you fund home improvements, major expenses or other financial priorities.
We take the time to understand your circumstances, explain the options clearly and help you decide what may suit your needs.
I want to renovate or extend my home
We can help you explore whether a mortgage top-up may be suitable for funding home improvements or creating more space.
I want to improve my home’s energy efficiency
We can help you consider how additional borrowing could support eligible upgrades, repairs or energy-related improvements.
My family needs more space
If moving home is not the right option, a mortgage top-up may be worth exploring as part of a wider home-improvement plan.
I want to consolidate borrowing
We can help you understand the potential benefits and risks of using mortgage borrowing to consolidate other debts.
I am not sure whether to top up or move mortgage
We can help you compare the options and understand what may be suitable for your current mortgage and future plans.
I am not sure how much I could borrow
That is completely normal. We can help you understand what lenders may look for and what options may be available.
What to prepare before speaking to a mortgage broker
It can be useful to have a general understanding of:
Your current mortgage balance
Your current rate and mortgage term
Whether you are on a fixed, variable or other mortgage rate
Your monthly mortgage repayment
Your income and employment position
Any loans, credit commitments or regular outgoings
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 mortgage top-up consultations?
Covermore provides no-fee mortgage consultations. We will explain clearly how the process works before you make any decision.
How much can I borrow with a mortgage top-up?
The amount available will depend on factors such as your income, affordability, current mortgage balance, property value and lender criteria.
Will a mortgage top-up increase my monthly repayments?
In most cases, additional borrowing will affect your repayments. The exact impact will depend on the amount borrowed, interest rate and mortgage term.
Can I get a mortgage top-up for home improvements?
A mortgage top-up may be available for home improvements, renovations or extensions, subject to lender criteria and affordability assessment.
Can I use a mortgage top-up to consolidate debt?
Some lenders may allow this, but it is important to understand the long-term cost and implications of securing existing debt against your home.
Is a mortgage top-up the same as remortgaging?
Not always. A mortgage top-up usually means borrowing additional funds against your existing mortgage. Remortgaging can involve changing the terms of your mortgage or moving to a different lender.
Do you only provide mortgage top-up advice in Dublin?
No. Covermore is based in Dublin and works with mortgage clients nationwide.