Cyprus Property Forum for Buyers, Sellers & Investors

No I've definitely not heard of anyone being offered any such deals but it would be very interesting to hear if you can confirm your sources have achieved this!

Every case is going to be different and everyone will decide what is the best course of action for them. I'm sure you have done the right thing - you have got a sizeable discount and and end to the spiralling mortgage payments which we have all been struggling to cope with. Some folks have apparentl...

Well done what a relief! I presume you went with the 25%? I hope all works out well and you can forget about this stressful business and enjoy your property.

I'm not sure what you mean by you've been legally informed Tintin? I'm sure it's do-able to sort it out directly with Alpha bank at this time as they are now far more receptive to deals to minimise lengthy legal actions. We tried directly last year and got nowhere at all which led us to appoint Loui...

Great result and we wish you all the very best - to be free of this financial nightmare will indeed be wonderful :-)) As I've stated in previous posts we tried directly with the bank and didn't get anywhere at all, but a lot of this has to do with timing as the bank wasn't disposed to cutting deals ...

Glad we can be of some help. I think it's a big relief to know you're by no means on your own and reassuring that you've not been irresponsible or stupid to have ended up in this position. No, we didn't have to go to Limassol to sort things out with Louise, we did it all be email. We are going over ...

Hi Tintin, I don't think it matters where your property is on the island - we're near Paphos and Louise's office is in Limassol but it hasn't been a problem. Yes, Maxwell Alves charges were a bit unclear and also expensive so we didn't want to appoint them to work for us. Re title deeds, we paid an ...

Morning all, We too had found it difficult to get information about our unfortunate position having taken out a CHF mortgage in 2007 until I found this site via the Paphos People forum. We had approached the bank directly but they were not helpful at all and offered us nothing. So, like many others,...

Hi Nigel Could you please also forward me the list of contact names / groups of support for mis selling CHF Also, has/is anyone using UK based solicitors Maxwell Alves to act on their behalf with Alpha Bank tintin Hi, We have gone with an English Limassol based solicitor from the list who is doing ...

Just an update on our situ - we have engaged a recommended lawyer to take this up for us and it would seem that people are achieving some positive results. Fingers crossed that 2014 brings us good news!
All the best for Christmas and the New Year

Thank you Nigel. Your information is greatly appreciated.

Hi Nigel, I'm a newbie on this excellent and much needed site/forum. I'm also in the same unfortunate position as so many others in having a Swiss Franc mortgage with Alpha Bank which has left us struggling to keep up with the payments. We have approached Alpha Bank but they have not, as yet, been h...