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19th April 2024
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Tag: mortgage

Demolition and black-listing threat in Cyprus

The Overseas Property Professional has reported on recent developments in Cyprus with ETEK calling for the demolition of illegal building and MEP Daniel Hannan calling on the European Commission to send a fact-finding mission to Cyprus.

Changes to Cyprus Title Deed laws revealed

A senior Department of Lands and Surveys official has revealed the changes to the laws of Cyprus designed to untie the ‘Gordian Knot’ preventing the issue of some 130,000 Title Deeds to properties on the island.

Recovery plan for struggling Britons in Cyprus

Financial services group Marcus James has launched a recovery scheme for Cyprus that offers to take properties off the hands of struggling Britons who can no longer afford their mortgage repayments.

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.

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.

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?

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