can I protect my home in the UK?

Legal questions answered by Cyprus property lawyer Louise Zambartas

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dylan2010
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can I protect my home in the UK?

#1 Post by dylan2010 » 03 Jun 2015 12:39

We have defaulted on our mortgage in Cyprus and have been told that they are treating us as uncooperative. I have emailed Alpha bank several times explaining our financial position and asking for an acknowledgement of my email but needless to say I never get any response from them. My query is I have heard that if our home in the UK is not in our name for 5 years the bank cannot take it. We transferred our property into an enduring trust in our children's name 4 years ago and their names are on the title deeds. Can anyone tell me if I have got my facts right or not please?



Nigel Howarth
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Re: can I protect my home in the UK?

#2 Post by Nigel Howarth » 03 Jun 2015 20:50

Hello dylan2010 and welcome to the forum.

Sadly, Louise rarely has the time to visit the forum these days. I suggest that you ask your family solicitor in the UK, he/she should be able to advise you on this matter.

Regards,


Nigel Howarth
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