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All reports tagged with: "swiss franc"

Suicide victim’s widow calls for justice

The widow of a British suicide victim is calling for institutions in the UK and Cyprus to be brought to account in connection with the Cyprus property mis-selling scandal that has devastated the lives of so many.

Three banks ready to ease Swiss franc loan burden

Three banks are ready to ease the burden on Swiss franc borrowers by writing off between 10 and 40 per cent of the loan in certain circumstances providing the borrower can show that they cannot repay.

Cyprus property buyers debate

Debating on behalf of some of his constituents who have been stung by the Cyprus property fiasco, Andrew Gwynne MP, Member for Denton and Reddish, recounted events on the floor at Westminster Hall.

Man hands home keys to bank

A man whose home loan repayments shot up from €350/month to €900/month handed the keys of his home to the Bank of Cyprus today accusing the bank of abusing the terms of his loan agreement.

Swiss Franc loans may cost more

The scrapping of the minimum exchange rate by the Swiss National Bank may increase the financial burden on those who have bought property with loans denominated in Swiss Francs.

Court rules in favour of Swiss Franc loan victim

In a move that may help those who purchased homes in Cyprus with Swiss Francs loans, the Montenegrin appeal court has ruled that a bank cannot profit from interest charges AND exchange rate movements.

BBC Money Box: Cyprus property troubles

Earlier today, the BBC Radio 4 program ‘Money Box’ reported on the problems faced by many British people who purchased property in Cyprus with loans denominated in Swiss Francs.

Free Swiss Franc loan seminar in Birmingham

Birmingham City Football Club is the venue for a free seminar planned for Sunday 20th October for those who have bought property in Cyprus with loans denominated in Swiss Francs.

Britons cases scheduled for trial in Cypriot court

Provisional trial dates have been set for a Cypriot court to hear cases involving hundreds of UK buyers who were misadvised when buying properties in Cyprus and who are facing ‘unpayable’ loans.

Hundreds of villa buyers facing ruin

After investing in property in Cyprus, hundreds of UK investors from the North East are at risk of losing everything; it seemed like a dream opportunity but has turned into a nightmare.

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