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UK Govt taking keen interest in Cyprus property issues

Britain is taking a very close interest in the progress being made by the Cyprus government to resolve the “Title Deeds-cum-fraud mess”.

BRITAIN is taking a very close interest in the progress being made by the Cyprus government to resolve the “Title Deeds-cum-fraud mess”.

Seeking further clarification from the UK Government on how it intends to ensure that the Cyprus Government keeps its promise to resolve the long-standing Title Deed issues, Lord Jones of Cheltenham tabled three further questions in the UK House of Lords in January.

In written replies to those questions, Lord Davies of Oldham said:We await the measures by which the Cypriot Government will address the issue of property developers retaining the deeds of properties which have been purchased outright. Our high commission will maintain contact with the Cypriot authorities and action groups formed by British citizens, such as the Cypriot Property Action Group, and will make representations to the Cypriot authorities as appropriate in the interests of British citizens“.

Lord Jones of Cheltenham continued:Whether Her Majesty’s Government will discuss with and provide assistance to the Government of Cyprus to ensure legislation is introduced to protect the interests of British citizens who have bought property in Cyprus and who are unable to obtain the title deeds to the properties they have purchased because property developers who hold the deeds have mortgaged the land on which their properties are built“.

In a written reply, Lord Davies of Oldham said:The Government, through their officials in their high commission in Cyprus, will continue to raise the issue of retained title deeds with the Cypriot authorities. However, it is not for the Government to intervene in the Cypriot legislative process“.

Lord Jones of Cheltenham continued:Whether Her Majesty’s Government will have further discussions with the Government of Cyprus to ensure British citizens who have bought property in Cyprus receive their title deeds immediately after purchase has been completed“.

In a written reply, Lord Davies of Oldham said:We will continue to raise the issue of retained property deeds in our high commission’s contacts with the Cypriot authorities“.

Lord Jones of Cheltenham continued:Whether Her Majesty’s Government, in their discussions with the Government of Cyprus, they will seek to ensure that United Kingdom citizens who have already completed their purchase of property in Cyprus receive their title deeds at the earliest opportunity“.

In a written reply, Lord Davies of Oldham said:While the Government cannot get involved in individual cases they will continue to raise the issue of retained title deeds, through regular contact between their high commission in Nicosia and officials of the Cypriot Government“.

From other news received today, the British Foreign Secretary David Miliband and Chancellor Alistair Darling are both taking a ‘great interest’ in the Cyprus property issue.

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