HomeTagsRepossessions

Tag: repossessions

Latest News & Updates

Foreclosure laws to face Supreme Court scrutiny in June

A legal showdown over Cyprus' foreclosure framework is set to begin in mid-June, as the country's Supreme Constitutional Court...
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...
Latest News & Updates

House extends foreclosures freeze again

When the freeze was last extended in July this year Elizabeth McCaul (a Member of the Supervisory Board of...
Latest News & Updates

President sends back foreclosure and VAT bills

President Nicos Anastasiades has refused to sign off on and has sent back to parliament three bills passed by...
Legal Matters

Freeze on property foreclosures extended

Cyprus parliament have voted to extend the freeze on property foreclosures to the end of October despite pleas from...
Property Sales

Lack of overseas sales slowing market recovery

Figures released by the Department of Lands and Surveys earlier today reveal that the lack of property sales to...
Legal Matters

Battle lines drawn in foreclosures’ row

The ongoing tussle between the government camp and the opposition over freezing bank foreclosures has turned into a kabuki...
Legal Matters

Freeze on foreclosures extended despite warnings

MPs on Thursday passed a law to further extend a moratorium on home foreclosures despite warnings of the potential...

Top Stories

Elsewhere in Cyprus Property News