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Latest News & Updates

Mortgage interest subsidy scheme now open

Applications for a 2% mortgage interest rate subsidy opened on Thursday 2 January for households that have taken out...
Latest News & Updates

Investigation into abusive clauses in mortgage contracts

The Consumer Protection Service has launched an independent investigation into potentially abusive clauses in standard mortgage agreements used by...
Latest News & Updates

Mortgages in Cyprus continue despite high interest rates & prices

According the Department of Land and Surveys, mortgages were granted for 7,212 properties worth €1.94 billion during the January-August...
Latest News & Updates

Cypriots squeezed out of the property market

Cypriots are being squeezed out of the property market as they can't afford climbing rents. Hiking construction costs and...
Swiss Franc Loans

Homeowners win Swiss franc loan fight

A number of home buyers in Cyprus have won their legal battle to be released from their crippling Swiss...
Legal Matters

New lifeline for defaulted borrowers

Cyprus is to throw another lifeline to distressed borrowers to help them keep their homes following its ESTIA scheme...
Latest News & Updates

Green-light expected for mortgage to rent scheme

The government anticipates that the European Commission will soon give it the green light to roll out the 'mortgage...
Legal Matters

Government plans mortgage-to-rent scheme

The government will formally seek approval from the European Commission later this year to transform the successor entity to...

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