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7th October 2024
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Tag: foreclosure

Legal Matters

Trapped buyers still saddled with developers’ debts

This week, the Cyprus Borrowers Association (Syprodat) expressed "disappointment, discouragement, and a sense of failure" on behalf of trapped...
Legal Matters

Foreclosure bills passed into law

President Nikos Christodoulides heralded the bundle of bills voted into law in parliament tackling foreclosures on Friday, saying it...
Legal Matters

Voting this week on foreclosure legislation

Government legislation affording extra protections to distressed borrowers with their homes on the line will go the plenum for...
Legal Matters

Foreclosures laws to be discussed in parliament

Today marks a crucial development in the landscape of property foreclosures as the Parliament is set to deliberate on...
Legal Matters

Foreclosures saga gets ugly

The foreclosures row rumbles on as the latest episode in the saga played out when parliament voted against two...
Latest News & Updates

Numerous foreclosure sales expected

Approximately 6,000 foreclosure sales per year are anticipated to take place in 2023 and 2024 due to the large...
Latest News & Updates

Freeze on home repossessions defeated

A motion to discuss a new freeze on home repossessions was defeated in parliament on Thursday, with the House...
Legal Matters

Mortgage-to-rent scheme launched

The Mortgage-to-Rent scheme, the latest lifeline thrown to defaulted borrowers, is going ahead, as KEDIPES, the state-owned Asset Management...

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