For All Your Mortgage, Insurance and Business Protection Needs

Our mission is to deliver a better financial future for our clients, for their home, their family, their work. We believe in a straightforward approach to financial advice and to always do the right thing for our clients.

We know the market inside out and know that everybody is different. There’s no one-size-fits-all when it comes to finding the right mortgage or protecting you and the ones you love. That’s why it is essential to get the right advice, on the right product that suits you and your circumstances.

Plus, you’ll be fully covered under the Financial Services Compensation Scheme (FSCS), giving you that additional peace of mind.

Mortgages:

First Time Buyer, Help-To-Buy, Remortgage, Buy-to-Let.

We’ll find the right mortgage for you. Whether you’re looking to put down roots get the keys to a new home, make improvements to the home you’ve already got, or invest for the future.

Equity Release:

Equity release unlocks tax-free cash from the value of your home without you needing to move out.

If you’re a homeowner over the age of 55 (both partners if a couple), you could unlock tax-free cash from your property and use it how you wish in order to enjoy your retirement. It’s tax-free, the money’s yours to use however, you wish. Home improvements, take a holiday, support your children, buy a new car.

Bridging Loan:

Designed to help you complete the purchase of a property before selling your existing home. There are two types of bridging loans – Closed or Open.

A Closed bridge loan requires you to know exactly how you’ll be paying off the loan. This means you’ll be able to tell the lender what funds you’ll be using to pay off the loan from the outset. An Open bridge loan usually doesn’t require an exit plan and is often used as a means to get funds for an urgent transaction.

Secured Loan:

A secured loan will provide you with a lump sum of cash to use for things such as home improvements, debt consolidation or a new car.

Interest rates can be relatively low and often cheaper than other borrowing methods. If your credit rating is less than perfect, you may still be able to borrow because of a secured loan is backed by an asset. Can help you improve credit scores by maintaining regular payments. Secured loans can last for ten years or longer.

Income Protection:

Income protection supplements your monthly income should you suffer an accident, sickness or unemployment.

Covers illness, accident and injury. Provides support to help you get life back to normal, as soon as possible. Pays up to 70% of your gross salary. Short or Long Term plans available.

Life Insurance:

Life Insurance pays out a cash lump sum to support your loved ones should the worst happen to you.

Receive a lump sum of cash that can be used to pay off your mortgage. Replace an income. Helps families cope with losing the households main earner. Leave money to help with your funeral costs.

Family Income Benefit:

Family Income Benefit provides an income to your family if you were to pass away during the term of the plan.

Pays out a tax-free monthly income if you were to die during the term until the policy ends. Replace your income if you were to pass away. Can factor in inflation, so the monthly pay-out increases to meet the cost of living.

Critical Illness:

Critical Illness Insurance pays out a cash lump sum to support you and your family should you be diagnosed with a critical illness.

Pays out a lump sum on diagnosis tax-free. Replace an income if you’re too unwell to work. Add cover for your children. Can be combined with a life insurance plan.

Key Person:

Provides a financial safety net if a key member of the business dies or is diagnosed with a critical illness.

Helps your business with the loss of a key person who influences revenue, by giving your company a cash injection to help replace lost profits. Provides an income to a key person if they become critically ill and unable to work. You can continue paying their salary whilst they are recovering.

Executive Income Protection:

Designed for small to medium-size businesses looking to offer selected employees the benefits of an extended sick pay arrangement.

Protection for business owners and executives PAYE salary and dividend payments if unable to work due to accident or sickness. Policies are paid and owned by the company and offer a monthly benefit to the business should an executive or director by unable to work due to sickness or injury.

Shareholder & Partnership Protection:

This cover helps business owners keep control of the company if one of them dies or is diagnosed with a critical illness.

Help retain control if a partner were to die or become critically ill. Funds available to help buy out the deceased’s partner’s shareholding. Share protection is available for limited companies. Partnership Protection is for partnerships and limited liability partnerships.

Relevant Life Cover:

A tax-efficient way for small businesses to offer death in service benefits to employees and salaried directors.

Counts as a tax-deductible business expense, as long as the premiums are wholly and exclusively for the purposes of the business. On claim pay-out, the cash lump sum is not subject to Income or Inheritance Tax. There is no National Insurance Contributions to pay on the policy payments paid to fund the policy.

Buildings & Contents:

Buildings insurance cover protects the structure (the fixtures and fittings ina home), while contents insurance covers belongings.

Cover for residential property
£1 million buildings cover if need to rebuild the home. £75,000 contents cover as standard (with the option to increase this to £100,000). Policies available for Commercial Premises. Can cover non-standard construction.

Redundancy & Unemployment:

Designed to pay a monthly income if you are made redundant or unemployed.

Can cover for up to 12 months while looking for a new job. Policies are underwritten at point of claim. Most providers will insure up to 65% of gross monthly income. Qualifying period before a claim can be made.

Employers or Public Liability Insurance:

Designed to cover businesses against legal liability for employees or public (other than employees).

Employers liability insurance covers legal liability for injury or disease sustained by an employee in the course of their duties. Public liability insurance covers you against legal liability for accidental injury to other persons (other than employees) or damage to the property of other persons.

Professional Indemnity Insurance:

Designed to cover businesses against mistakes or loss from advice or professional services to clients.

Professional indemnity insurance is an important type of business insurance, especially for businesses that give advice or provide a professional service to clients. It can cover compensation claims if a business is sued by a client for making a mistake that leads to financial loss.

Covertree Limited

Lansbury Business Estate, Lower Guildford Road,
Knaphill, Woking, GU21 2EP

01483 930390
hello@covertree.co.uk