Hi all,
Hope my post finds you all well. Has anyone on this site know anyone who has been told by the Bank of Cyprus they must pay off their mortgage before the loan agreed time due to the UK leaving the EU. I have received a letter like this recently.
Kind Regards
Hboss
Bank of Cyprus - Mortgage
Re: Bank of Cyprus - Mortgage
The BoC have decided, for whatever reason, to refrain from giving Brits a mortgage and as such are recalling their loans in sooner than the loan agreement.HBoss wrote: ↑29 May 2021 17:18 Hi all,
Hope my post finds you all well. Has anyone on this site know anyone who has been told by the Bank of Cyprus they must pay off their mortgage before the loan agreed time due to the UK leaving the EU. I have received a letter like this recently.
Kind Regards
Hboss
It really needs to be challenged , I'm not so sure what else could be done, but its not a personal thing to you.
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https://www.fsbproperties.com
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Re: Bank of Cyprus - Mortgage
Hi Hboss
This is all down to Brexit. As well as calling in their loans, non-resident Brits cannot get loans to help them to buy holiday homes.
As Pan says, it needs to be challenged. Speak with your lawyer.
Regards,
This is all down to Brexit. As well as calling in their loans, non-resident Brits cannot get loans to help them to buy holiday homes.
As Pan says, it needs to be challenged. Speak with your lawyer.
Regards,
Nigel Howarth
Independent information & advice for Cyprus property buyers
Contact Nigel Howarth
Read the latest Cyprus property news
Independent information & advice for Cyprus property buyers
Contact Nigel Howarth
Read the latest Cyprus property news
Re: Bank of Cyprus - Mortgage
Thank you for your reply Pan and Nigel,
Hboss
Hboss