Table of Commissions and Charges
Except where otherwise stipulated therein, the charges set out in the Table of Commissions and Charges are inclusive of VAT and are as at 1 September 2025.
|
Operations |
Charges |
Description |
|
Copy of account statement / Preparation of documents |
€5 |
For each quarterly statement (irrespective of number of pages). |
|
€350
|
Fixed Charge for preparing and executing documents, on a borrower level. |
|
|
€750
|
Fixed Charge for preparing and filing documents including the registration of new mortgage/s, on a borrower level. |
|
|
Provision of mortgage waiver declaration |
€350 |
Fixed charge for the preparation and provision of a declaration of exemption of a property subject to a sales agreement from a mortgage. |
|
Charges for cancellation of encumbrances |
€500 for the first encumbrance cancellation and €50 for each additional encumbrance |
Fixed charge for the cancellation of encumbrances registered at the Lands registry Office (per asset). |
|
Provision of consent to exempt a property from a mortgage subject to an enclaved buyer application |
€350 |
Fixed charge for the preparation and provision of a consent to exempt a property from mortgage in relation to an application filed pursuant to the provisions of Part VIB of the Immovable Property (Transfer and Mortgage) Law (L.9/1965, as amended. |
|
Interest and Balance Certificate per borrower, at Auditors' request |
€100 |
Annual charge. |
|
€60 |
Additional charge for other additional information. |
|
|
Other Certificates |
€5 |
Minimum charge per account. |
|
Loan arrears |
2% |
Charge of additional interest on arrears which shall remain in effect for as long as arrears are outstanding, charged upon termination of account. |
|
€5 |
Each month, for the first sixty days the loan is in arrears. |
|
|
€20 |
Each month, after the sixty days that the loan is in arrears. |
NOTE: The charges outlined within this Table of Commissions and Charges are subject to change. In particular, Gordian Holdings Limited can increase any of the charges to reflect, or in anticipation of: (a) any new laws, regulations or any changes in or in interpretation of existing ones; (b) any changes to banking and/or credit acquiring companies practices, industry recommendations, including but not limited to the adoption of any voluntary code of practice and any subsequent charges thereto, and any decisions or guidelines given by relevant regulatory, trade or professional bodies; (c) increases in the cost to us of agreeing to offer a service or of making a service available including the cost we pay to others; (d) increased charges made by other credit acquiring companies or financial institutions in the Republic of Cyprus for similar services; (e) increased costs associated with changes in relevant market conditions or relevant technology; (f) any reorganisation of our business as a result of it being acquired by, or our acquiring, another organisation; (g) any events beyond our reasonable control.