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All reports tagged with: "nightmare"

Alpha Bank moves to repossess homes built by Liasides

More than 100 people face losing their homes following applications filed by the Alpha Bank to auction eight plots of land that it mortgaged to bankrupt property developer Yiannis Liasides.

Another Eurozone country bites the dust

What is unique about Cyprus’ collapsing housing bubble is a title deed scandal of unimaginable proportions. But now this nightmare is unravelling the finances of home buyers, developers, banks, and the government.

Legislation changes will not end Title Deed nightmare

The tardy, dishonest and purposefully complex manner in which Cyprus chooses to sell property will rebound explosively on those involved in the supply chain; the town planning amnesty will bring no peace.

Title Deed bills run into problems

The passage of two of the five bills designed to resolve the Title Deed nightmare have been delayed by a number of questions raised during recent discussions.

Could Spanish nightmare happen in Cyprus?

Could a nightmare case in which a couple may lose their UK home as a consequence of missing their mortgage repayments on a flat in Spain happen in Cyprus?

Paralimni residents left in the dark

Residents of a housing complex in Paralimni, a town situated in the south east of Cyprus, have been left in the dark after the authorities cut off their illegal electricity supply according to a report in today’s Cyprus Mail on Sunday.

Dream holiday home nightmare for British couple

It is not only property buyers in the free areas Republic of Cyprus who are at risk of losing their homes if developers fail to service their mortgage debts. Buyers in the Turkish occupied areas of the island have already started to lose their homes as a result of unpaid loans. An omen of things to come in the South?

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