RSS Feed
All reports tagged with: "mortgage"
Cyprus property market speculators lose out
Foreigners who invested in property on the divided island of Cyprus have found their houses were in many cases built by debt strapped developers.
Ban the sale of mortgaged property
An overwhelming percentage of our readers who voted in a recent on-line poll want the Cyprus government to ban the sale of mortgaged property.
Built on greed and nepotism says Cyprus protester
The property industry in Cyprus is built on greed and nepotism. The developers borrow money from the bank using people’s homes as collateral and the banks and lawyers are part of the deception. I have proof that my home has been mortgaged by my developer.
Title Deed reforms worth millions next year
Based on assumptions about the charges levied for the issue of Title Deeds & expectations of the number of properties that will be processed, Neoclis Sylikiotis believes that the Cyprus Government could receive €160 million next year alone as a result of his reforms.
Bank actions cast doubt on Interior Minister assertion
The case of a divorced young woman reported in the Cyprus Weekly casts serious doubt on the Interior Minister’s assertion that it is not a simple matter for a bank to liquidate a property to recover a debt in Cyprus.
Question for the Interior Minister
I have paid in full for my house in 2006, the site on which my house is built is now complete, I have a contract drawn up by a Cyprus Bar registered solicitor and lodged with the Land Registry. WHEN CAN I HAVE MY TITLE DEEDS?
Demonstrations against Cyprus banks
CPAG is organising a series of demonstrations in efforts to force the banks in Cyprus to disclose details of mortgages taken out by property developers to those homebuyers who have been duped into buying mortgaged property.
Property group condemns Title Deeds laws
Just how much damage to the economy, the image of Cyprus and people’s lives will have been caused before the Government shoulders its responsibilities and resolves the Title Deeds issue once and for all?
Property buyers at risk as second developer collapses
More people face loosing their homes in Cyprus as a second property developer is liquidated. Buyers of A&G built properties without Title Deeds have been left at the mercy of the banks.
Cyprus divides industry on Title Deed proposals
The Cypriot government’s proposals for tackling the ongoing Title Deeds issue have split the property industry.
Cyprus law reforms are not a cure-all
The legal reforms proposed by the Cyprus Interior Minister Neoclis Sylikiotis are not a cure-all solution to the many Title Deed problems. Those who have been deceived into buying mortgaged property will continue to remain at risk unless the Government acts to protect their interests.
Loading ...
