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All reports tagged with: "European"

EU-wide mortgage credit rules adopted

The EU has adopted a new directive aimed at creating a single market for mortgage credits in the EU, with a high degree of consumer protection that will come into force in all Member States in two years.

Interest in Mediterranean property picks up

Potential overseas property buyers in the UK are showing more interest in southern Mediterranean countries with a rise in Internet searches for Ibiza, Sardinia, Portugal, Cyprus and Greece.

EU Timeshare Directive comes into force

The new Timeshare Directive came into force across Europe yesterday designed to improve consumer protection and ensure a level playing field across Europe’s timeshare market.

Could Spanish nightmare happen in Cyprus?

Could a nightmare case in which a couple may lose their UK home as a consequence of missing their mortgage repayments on a flat in Spain happen in Cyprus?

Tax rebate for British second homeowners

Many Britons who let out their European holiday homes could be entitled to a tax rebate under measures announced in April’s budget. However, from next year

Housing loans highest in euro area

According to the European Central Bank, Cypriot banks charge the highest interest rates for housing loans in the euro area. The gap between the average housing loan in Cyprus and that of other countries in the euro area is 239 base points.

Cyprus given wake up call by European Parliament

The Cyprus government has been given a wake up call by a recent decision of the European Parliament’s campaigning Petitions Committee.

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