All reports tagged with: "credit crunch"

Cyprus petition deadline approaches

Cyprus petition deadline approaches

The deadline is approaching to add your name to the on-line petition calling on Gordon Brown to put pressure on the Cyprus Government to protect the rights of property buyers

Hatton dream turns into nightmare

Hatton dream turns into nightmare

Derek Hatton’s company that sold property in Cyprus is no longer in business, although his rental and management company is continuing as usual. According to a report in the Mail Online his company has been credit-crunched.

Cyprus popularity declines with British holiday home buyers

Cyprus popularity declines with British holiday home buyers

Cyprus’ popularity amongst overseas property investors from Britain is in decline according to reports from the overseas property portal PropertyIndex.com

Credit crunch drives ex-pats home

Credit crunch drives ex-pats home

PENSIONERS who moved to a dream life in Cyprus say they are being left financially crippled by the pound’s slide against the Euro and many are considering moving back home.
And, if anyone knows how the credit crunch, weak pound and how increased prices have affected ex-pats in Cyprus, it’s Bob Winter, who for almost 30 [...]

Britain keeping watch on Cyprus title deeds fiasco

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 [...]

Dodgy Cyprus property deals made Hatton millions

Dodgy Cyprus property deals made Hatton millions

DEREK Hatton has been called every name under the sun. Spiv, wideboy, scally and chancer were just a few hurled at the firebrand Trotskyist when he tweaked the tail of Margaret Thatcher’s government, becoming almost as famous as the Prime Minister herself.
A quarter of a century ago, the Armani-suited Left-winger with the Beatles accent seemed [...]

Cyprus and MacAnthony Realty International (MRI)

Cyprus and MacAnthony Realty International (MRI)

Ending speculation on various trade and investor blogs, the new CEO of MRI Overseas Property, Dominic Pickering, has outlined the company’s plans to focus on construction in 2009.

Protect your property rights: Sign UK government petition!

Protect your property rights: Sign UK government petition!

TODAY saw the launch of an on-line petition asking the UK Prime Minister to exert pressure on the Cyprus Government to protect peoples’ property rights.
Add your name now by visiting the: Title Deed Petition on the official website of the UK Prime Minister’s Office.
Recent days have seen the pressure on Cyprus to resolve the Title [...]

Cyprus property owners association calls for action

Cyprus property owners association calls for action

THE Cyprus Association of Property Owners (KSIA) has added its voice to those calling on Government to resolve the Title Deed problems.
Speaking yesterday at the Annual General Meeting of KSIA its president, George Strovolides, said that the problem is serious with more than 100,000 people without Title Deeds. “This unresolved issue is dangerous and more [...]

You cannot polish horse manure

You cannot polish horse manure

EVERYONE knows there is a massive problem in Cyprus with unscrupulous property developers exploiting loopholes in the islands archaic laws to make huge profits for themselves.
Exacerbated by intolerable bureaucratic delays in central and local government departments, the “Title Deeds-cum-fraud mess,” as one commentator recently referred to the problem, affects tens of thousands of Cypriot and [...]

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