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24th March 2025
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Tag: mortgage-to-rent

Latest News & Updates

Many “Mortgage-to-Rent” homes lack Final Approval Certificates

Around 60% of homes eligible for the "Mortgage-to-Rent" Scheme do not have final approval certificates, according to a report...
Legal Matters

Bill to halt auctions for ‘Mortgage-to-rent’ applicants passed

By a unanimous vote the House on Thursday passed legislation that provides for halting the auctioning off of properties...
Non-Performing Loans

Hellenic Bank welcomes mortgage-to-rent scheme

"We welcome this plan as a favourable arrangement, ensuring housing for vulnerable households," Hellenic Bank interim Chief Executive Officer...
Legal Matters

Mortgage-to-rent scheme effective in December

The mortgage to rent (MtR) scheme for vulnerable borrowers will come into effect on December 4, finance ministry permanent...
Latest News & Updates

Mortgage to rent scheme launched

The government greenlighted the mortgage-to-rent scheme, the latest lifeline for defaulted borrowers, following approval from the European Commission. Government spokesperson...
Legal Matters

President calls for meeting on foreclosures issue

President Nikos Christodoulides has called for a meeting with all political parties at the presidential palace on Monday, to...
Legal Matters

Mortgage to rent scheme approaching completion

The government will soon roll out its ‘Mortgage to Rent’ scheme after getting the green light from the European...
Legal Matters

EU sceptical over mortgage-to-rent scheme

Brussels may not be keen on greenlighting the Mortgage-to-Rent scheme, the latest lifeline to defaulted borrowers, despite authorities declaring...

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