Hello. My husband and I are UK residents and jointly own a property mortgage free in Ibiza. I have looked into releasing some equity in this property to put towards a purchase in the UK, but my mortgage adviser has advised us that because we are in our forties, we are not eligible for taking a mortgage on the property as equity release is not permitted in Spain. It would be interesting to hear anyone else’s experience of this. For example, if it is possible to take a UK mortgage out against a Spanish property after the purchase. We bought the house 3 years ago. Many thanks
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