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29th March 2024
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Yearly Archives: 2014

Mortgage question raised in House

Questions about allegations of mis-selling and corruption relating to mortgages granted to UK citizens for the purchase of property in Cyprus have recently been raised in the UK parliament.

AKEL moves to suspend foreclosures law

Communist opposition party AKEL has proposed that the law on foreclosures is suspended until June next year to give the authorities sufficient time to prepare the insolvency framework.

Another empty promise?

Interior Minister Socrates Hasikos has become the latest in a long line of government ministers to promise reforms to the Cyprus property industry to "protect and enshrine the rights of property buyers".

Remand in Paphos property scam case

A 60 year-old employee of a real estate agency in Geroskipou, Paphos was taken into police custody on Saturday in connection with a land scam case and has been remanded for three days.

Lessons from Cyprus economic crash

Researchers from Imperial College Business School and the University of Cyprus carried out an in-depth analysis of why Cyprus needed to be bailed out to explore what lessons could be learnt from the crisis.

What is a floating charge?

Land Registry searches in Cyprus occasionally reveal floating charges/mortgages as encumbrances lodged against the title of a property; in this article Dr George Mountis explains.

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