Latest Headlines

Reports written by David Budworth

Legal battle looms over Cyprus homes

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.

Foreign currency mortgages turn sour

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.

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