Talk to Mallorca Mortgage about how to leverage the equity in your property, to provide the financial flexibility to pursue investments or property improvements, even if there is an existing mortgage, it doesn’t necessarily preclude you from accessing additional funds tied up in the property.
Mallorca Mortgage can help individuals considering equity release for up to 80% of the equity. Helping you evaluate terms, risks, and potential benefits including the various purposes such as reinvesting or reforming.
Reinvestment: This could involve using the released equity to make other investments, potentially in real estate, stocks, or other ventures.
Reform: This might refer to using the funds for home renovations, improvements, or alterations to enhance the property’s value or better suit the owner’s needs.
Whether you already have a mortgage on the property or not, you can still explore the option of releasing equity.