Get help with property debt issues in Cyprus
Since the last financial crash, Cyprus has been plagued by property debt issues. Swiss Franc mortgages, negative equity and title deed issues are just a few of the most common concerns amongst foreign property homeowners.
Swiss Franc Mortgages
Swiss Franc mortgages were commonplace in Cyprus before the crash. But the financial risk to borrowers from these mortgages was never explained.
Negative Equity in Cyprus
Negative Equity is the most common form of property debt. However, that does not make it any less serious.
Title Deed Issues
Cyprus has its fair share of property debt issues that can be difficult to tackle. However, the lack of title deeds across properties in Cyprus often complicates these issues further.
Mortgage Arrears and Repossession
A sudden change in circumstances can make it easy to fall behind on mortgage payments. However, it is much more difficult to catch up on missed payments.
Can’t Afford Your Property?
A small change in circumstances can easily turn a dream holiday home into an unaffordable nightmare. This can happen quickly and leave you feeling like you have no options available.
Mortgage Sold to a Third Party
Failure to pay your mortgage can lead to it being sold to a vulture fund or passed to a debt collection agency. These companies are agressive and can make your life a misery.
Cypriot Legal Action
If you have failed to pay your mortgage or walked away from a property it may feel like you can forget about it. What is certain is that your lender will not have.
Ready for a Cypriot property debt solution?
If you are worried about a foreign property debt, contact us today to receive your free consultation.
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Making us feel that we had control
“They were able to write off over €150,000 with a minuscule settlement amount. I cannot describe my relief when I got the news. I am more than pleased with the results and their service throughout and would implore anyone in the same position to give them a call.”
