Alpha Bank and Swiss Franc Mortgages!

[RoyalT]

Nigel, just as information to others, I purchased an apartment, on a development, off plan in 2006 with a Swiss France Mortgage through Alpha Bank. The property was completed in 2008 and I have been paying the mortgage ever since. When I retired in 2010 I moved to Cyprus permanently. I approached Alpha recently with a view to paying off the mortgage and they agreed to a discount of 16% off the balance. (I asked for 20%). They also agreed to give me a signed letter as a waiver should the developer go bust. This means that I am protected. The negotiating took place in August / September 2013. I hope this helps others in a similar situation.

[Nigel Howarth]

Hi RoyalT

Thanks for the information - I'm sure it will give people something to think about.

Regards,

[Chardel]

Hi Nigel

I hope you can help. Would you send me your list of active groups?
I have a repayment Swiss mortgage with Alpha Bank taken out in 2006

Thank You Very Much

[Nigel Howarth]

Hi Chardel and welcome to the forum.

I have just emailed the list to you.

Regards,

[Chardel]

Thanks for the information Nigel it is much appreciated

[Poppy]

Hi Nigel

I too have a Swiss Franc Mortgage with Alpha Bank, please could I also ask for you to pm me the list?

Many thanks.

Poppy

[Nigel Howarth]

I'll email you the list Poppy.

Regards

[Xena WP]

Hi Nigel,

So sorry to ask, but please could you also send me a list of the groups?

I have tried approaching Alphabank myself but they were not very helpful

Many thanks in advance!

[Nigel Howarth]

Hi Xena WP

I've emailed you the list.

Regards,

[Xena WP]

Many many thanks Nigel.

[cherrink]

I am with the Laiki but would welcome details too - I noticed on the said article that there was a deadline - what is this with regard to - I have taken my case to the Uk Ombudsman but early indications are that they will not cover.

I assume from stuff that I have read that the Cypriot Ombudsman will be of little use.

I would be interested in any further info….

Many thanks
Cherrink

[GavinC]

Nigel,

My wife and I took out a Swiss Franc Mortgage with Alpha Bank in 2006, could you please pm me the list too?

Many thanks
GC

[Nigel Howarth]

Dear cherrink & GC,

I have PMd you the list.

Neither the Cyprus ombudswoman will not be able to help - this is outside her remit.

Regards,

[MPM]

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 helpful or interested in helping us resolve the situation. Could you please send me the list too?
Thanks in advance.

[Nigel Howarth]

Hi MPM - welcome to the forum and thank you for your comments.

I have just PMd you the list.

Regards,