Cyprus Property Forum for Buyers, Sellers & Investors

Hi,

Thank you both for the replies.

Nigel, appreciate the list of the banks securities, which I understand is 'normal' and surely expected when taking out the loan initially. However the bank already have a developers guarantee, life cover & house insurance with bank stipulated and a mortgage ...

Hello,

I have recently agreed to restructure my housing loan with the Alpha Bank (excluding any discount or changing currency - that's for another topic!).

However, when presented with their formal proposal (documents ready to sign), they have inserted a condition that I must sign an assignment ...