YESTERDAY the Cabinet approved a much anticipated draft bill to protect primary residences from seizure according to a report in Stockwatch.
The bill, which will be referred to a plenary session of Parliament, will protect those who have borrowed up to €350,000 to purchase their main residence and...
INTERIOR Minister Socrates Hasikos has announced that the exercise to bring property values up-to-date will be completed by June 2014 and by the end of the year the Land Registry will have reduced the backlog of outstanding Title Deeds to 2,000 cases (the target agreed with the troika).
Responding...
DOMINIC Littlewood and a team from Cowboy Builders Abroad visited Cyprus to look into the problems that Adrian Mills, a British developer, left behind when he fled the island in 2009.
Adrian Mills, the Managing Director of MDE Nest Homes, never completed the development of “Valley View” at Nata,...
THE Bank of Cyprus has been reported to be on the verge of setting up a separate ‘development bank’ to deal with mortgaged properties.
State broadcaster CyBC reports that the proposal is expected to be discussed at a meeting today after board members have been briefed on a report prepared by a...
Robert Study MEP for the East of England
UNDER the terms of the Memorandum of Agreement (MoU) Cyprus has agreed to eliminate the Title Deed backlog to less than 2,000 cases by the fourth quarter of 2014.
Robert Sturdy, a UK MEP representing the East of England, has asked the European Commission for...
