Swiss Franc Mortgage and negitive equity advise needed pls..

Legal questions answered by Cyprus property lawyer Louise Zambartas

Moderator: louisez

Post Reply
Message
Author
lawsc
Posts: 1
Joined: 07 Aug 2014 21:31

Swiss Franc Mortgage and negitive equity advise needed pls..

#1 Post by lawsc » 12 Aug 2014 00:45

I took out a mortgage in 2004 through Alpha Bank and was told Swiss Franc mortgages were the only option as I was a non Cypriot, they also strongly advised me against swapping to a Cypriot euro mortgage once CY joined the EU and told me it wasn't in my interest to make the change I am now in negative equity with no way to repay the mounting costs, any advice would be greatly received.



Nigel Howarth
Site Admin
Posts: 2175
Joined: 24 Oct 2007 14:38
Location: Erimi, Limassol, Cyprus
Contact:

Re: Swiss Franc Mortgage and negitive equity advise needed pls..

#2 Post by Nigel Howarth » 12 Aug 2014 11:30

Hello lawsc and welcome to the forum.

I have sent you a list of various groups that are helping people with their Swiss Franc loans and their contact details. There are thousands of people in a similar position to yourself.

Regards,


Nigel Howarth
Independent information & advice for Cyprus property buyers
Contact Nigel Howarth
Read the latest Cyprus property news

Post Reply

Who is online

Users browsing this forum: No registered users and 1 guest