Landmark court ruling on foreclosures could affect thousands of properties

The Nicosia District Court has issued a landmark ruling that could affect tens of thousands of mortgages after blocking a foreclosure due to potentially illegal additional charges in the mortgage contract. The court granted an interim injunction halting the foreclosure of two apartments and a shop, marking the first time a Cypriot court has blocked … Continue reading Landmark court ruling on foreclosures could affect thousands of properties