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Reports written by Jean Christou
Britain keeping watch on Cyprus title deeds fiasco
BRITAIN will take a close interest in measures taken by the Cyprus government to sort out the problems of property buyers left without their title deeds, a written answer to the House of Lords has said.
Two questions were placed before the Lords last November detailing the concerns of some property buyers worried about the implications [...]
Property awarded to couple after legal battle
A BRITISH couple came very close to losing their €680,000 property at Ayia Thekla in Cyprus when their developer sold it to someone else behind their backs.
According to Yiannos Georgiades, the couple’s present lawyer, the two Britons set up a company and bought the property in Ayia Thekla, which they planned to rent out. The [...]
Brit in property dispute gets no relief from Attorney General
OPENING a new can of worms for Cyprus property owners, the Attorney General has told a British buyer his developers had not committed any crime by effectively re-selling a house legally registered in his name.
The three-line letter to Conor O’Dwyer, who is engaged in a high-profile dispute with the developers over a house in Frenaros, [...]
British MPs and MEPs take up title deeds crusade
BRITISH MPs and MEPs have expressed their shock and concern over the title deeds scandal in Cyprus, and some have already taken the issue up with the government and the EU.
“I find the accounts, which I have received of this chain of events scarcely credible,” said Nigel Farage MEP, the leader of the UK Independence [...]
Cyprus home buyers turn to Lords for Title Deed aid
THE BRITISH House of Lords is seeking answers as to why UK home buyers in Cyprus are still waiting for their title deeds and wants to know whether the British government intends to pressure Nicosia on the issue.
Answers to the two questions tabled by Lord Jones of Cheltenham are expected in the coming week.
The development [...]
Cyprus property sector should not expect help in crisis
ECONOMISTS and even a government official yesterday scoffed at any notion of state help if the Cyprus property market sector suffers in an extended financial crisis.
Last week, the government said it was putting together a plan to combat any possible crisis. The plan, which is due to be announced shortly, will focus on the two [...]
Lobby slams property tax scam
A GROUP of Paphos expat home buyers who checked with the authorities how much they should pay in Immovable Property Tax (IPT) discovered that their developer was charging them each 500 times too much annually.
According to the website of the Inland Revenue Department, IPT is imposed on the value of the property as [...]
Brit loitering with intent aims to shame Cyprus into action
BRITISH home buyer Conor O’Dwyer marked his 39th birthday yesterday far away from his wife and children as he continued his indefinite protest outside the Cyprus High Commission in London.
O’Dwyer began his protest camping outside the Cypriot diplomatic mission this month because August marks two years since he was due to move his family to [...]
Elderly widow victim of property scam
AN 83-YEAR-OLD British widow who has been waiting 29 years for the title deeds to her home was shocked recently to receive an Immovable Property Tax (IPT) bill from her developer, Korfi Mountain Estates Limited, for €25,000 when it should have been around €430.
The IPT bill amounts to nearly 50 per cent of the original [...]
London property protest
A GROUP of British expats frustrated with the judicial system in Cyprus protested at Alexandra Palace London on Sunday where President Demetris Christofias was addressing a gathering of UK-based Cypriots.
The protest was led by Conor O’Dwyer, 38, from Surrey who bought a house off plan in Cyprus in 2005 and has since entered in to [...]
Property groups join forces to battle for buyers rights
THE CYPRUS Land and Property Owners’ Association (KSIA) and the Cyprus Property Action Group (CPAG) have teamed up to explore ways of fighting for the rights of property buyers in Cyprus.
KSIA is affiliated to the Cyprus Chamber of Commerce and Industry (KEVE) and is a long-standing member of the International Union of Property Owners.
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