More than a thousand Britons threatened with repossession after buying a “dream” property in the sun are preparing to fight one of Greece’s largest banks in the Cypriot courts.
Buyers advised to take out home loans in Swiss francs to buy property in Cyprus are struggling to repay and face repossession and ruin as exchange rate movements send their mortgage repayments soaring.
Due Diligence
Due diligence is absolutely essential before committing to buy a property.