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18th April 2024
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News

HM Government replies to Title Deed questions

The UK Government has said that it will not close down the UK offices of Cypriot companies selling property unless it receives evidence of illegal behaviour.
News

Property developer collapses

The reason the company has collapsed is not the crisis, but the fact that Cyprus’ legal and regulatory framework allows a builder with five years’ experience to set up as a developer and apply his own standards of commercial behaviour.
News

Reactions on call for Cyprus ban

Whether or not you agree with Lord Jones’ calls for the UK Government to take positive steps to protect British citizens buying property in Cyprus and put pressure on the Cyprus government to clear up the mess, he certainly seems to have ruffled a few feathers!
News

Cyprus question raised in Lords

Seeking to end speculation surrounding the Cyprus Government's promise to resolve the Title Deed problems encountered by thousands of British citizens who have bought property on the island, Lord Jones of Cheltenham has tabled a further written question in the UK House of Lords seeking a progress report on the matter.
News

Developers say building package will create ghettos

Property developers say that the Cyprus government's new package to boost the construction sector by building 500 additional low cost properties will create ghettos.
News

Cyprus property companies on brink of bankruptcy

A 20 to 30 per cent cut in the old prices, which were too high, could stimulate some interest from people and get the stagnant property market moving; at lower prices, the banks could also become more willing to offer housing loans to buyers.
News

Low cost property developments in Cyprus

The Cyprus Land Development Corporation is planning to build 500 additional low cost properties in Cyprus and to buy land from property developers.

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