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29th April 2025
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Tag: repossessions

Legal Matters

Trapped buyers protection extended to end July

Trapped buyers have been given a fresh lifeline, as Cyprus' banks have agreed to extend the freeze on property...
Legal Matters

Vulture funds attacked by MPs

The Chairman of the Parliamentary Legal Affairs Committee, Nicos Tornaritis, has hit out at vulture funds for refusing to...
Legal Matters

Stop Trapped Buyers property repossessions

The Chairman of the Parliamentary Committee on Legal Affairs, Justice and Public Order, Mr Nicos Tornaritis, has written to...
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...
Latest News & Updates

Homes under the hammer

Following the ending of the freeze on repossessions at the end of January 2023, lenders sent hundreds of letters...
Legal Matters

President calls for meeting on foreclosures issue

President Nikos Christodoulides has called for a meeting with all political parties at the presidential palace on Monday, to...
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...

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