Swiss Franc Mortgage and negitive equity advise needed pls..

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lawsc
Posts: 1
Joined: 07 Aug 2014 21:31

Swiss Franc Mortgage and negitive equity advise needed pls..

Post by lawsc »

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

Post by Nigel Howarth »

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
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