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In order to help deal with the problem of non-performing loans, the Transfer and Mortgage of Properties Law was amended in 2014 to speed up and streamline the foreclosure process. The amending law introduced an additional procedure under Section VIA which, in contrast to the one already provided by Section VI, allows for a direct […]

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The eviction of a single parent family facing financial problems from their home in Limassol has galvanised a civil society group into staging a protest on Wednesday. The demonstration by the 'Movement Against Foreclosures' will take place at 8.30 am outside the church of Ayia Varvaras in Amathounta. Foreclosure News