Latest Headlines

All reports tagged with: "title deeds"

How many trapped buyers?

Earlier today the Greek language newspaper Χαραυγή (Daybreak) published statistics on the number of trapped buyers unable to get their Title Deeds because of various unpaid developer debts.

New obstacle to solving Title Deeds mess

Solutions to the Title Deed mess resulting from court decisions declaring that the ‘Trapped Buyers’ law is unconstitutional will be the subject of a meeting between all parties on 16th June.

Cyprus has made limited progress

Cyprus has made limited progress with implementing the 2016 country-specific recommendations said the European Commission in its country report on Cyprus issued earlier today.

More work needed on Title Deeds

There is still considerable work to be done on what the EC refers to as “the currently dysfunctional Title Deeds issuance and transfer system” in its post-programme surveillance report on Cyprus.

Local authorities obstructing Title Deeds

Local authorities are preventing the Land Registry from issuing Title Deeds to trapped buyers by refusing to issue Certificates of Approval for properties suffering from trivial planning infringements.

Troika: reforms must accelerate

Following the troika’s recent mission to the island, the ECB and EC have urged Cyprus to accelerate the reform programme in a number of key areas including setting up a sustainable and efficient title deeds transfer system.

MEP questions Title Deed costs

Daniel Dalton, MEP for the West Midlands, raised a question in the European Commission relating to the costs of obtaining Title Deeds in cases where developers have failed to complete projects.

Cyprus advised to do more

The European Commission has issued Cyprus with a number of recommendations to speed the issuance of Title Deeds, reduce NPLs, eliminate impediments in the insolvency and foreclosure frameworks, etc.

URGENT notice – trapped buyers

Nefarious individuals are deceiving ‘trapped buyers’ in Cyprus into believing that they will not be offered the Title Deeds to the property they purchased under the provisions of the ‘hidden mortgage’ law if they bought by way of a housing loan.

Trapped buyers apply for title deeds

Around 4,000 ‘trapped buyers’ who have paid for their property but cannot get their Title Deeds have submitted applications since the ‘hidden mortgage’ law came into force on Thursday 3rd September.

Page 1 of 3012345Last »

Back to top