Many loan holders will celebrate New Year’s Eve outside the magistrates’ court who want to enter into the requirements of Katseli Law since the deadline to submit the relative application ends today, while they have 47 days to gather the 17 documents required.

Huge queues of loan holders formed outside the magistrates’ court who were waiting from dawn in order to meet the deadline and enter into the requirements of the law, since the terms for the protection of the first residence will become more strict in 2016.

That is, the loan holders who have a pending application should submit the required documents to the court until 14 February 2016, and if they miss the deadline, they will have the chance to submit an application to enter into Katseli Law after two years.