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New trapped buyers bill vote tomorrow

A revised 'trapped buyers' bill designed to overcome the problems of the current law, which was introduced in 2015, and enable thousands of trapped buyers to get Title Deeds will be put to a vote tomorrow.
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MPs in new bid to help trapped buyers

A revised draft bill to help trapped buyers to finally get the Title Deed for the property they purchased will go before the House Legal Affairs Committee next week so that the bill can go the plenary on 12 July
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Trapped buyers bill almost completed

A debate on an amended trapped buyers bill designed to overcome the shortfalls in the existing law is set to begin on Wednesday 12 June with the expectation that legislation will be enacted before the summer recess.
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Solution for trapped buyers edging closer?

Amendments to the law designed to resolve the Title Deed mess by enabling trapped buyers who were duped into buying homes on land their developer had earlier mortgaged to the bank to obtain their Title Deeds are edging closer to a vote my MPs.
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Renewed call to reform Title Deeds system

The EC and the ECB have renewed their call on Cyprus to "swiftly address the long-overdue reform of the title deeds issuance and transfer system" at the completion of their 6th PPS mission.
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Money to help Land Registry clear backlog

€3.6 million has been requested by the Interior Ministry to help clear the backlog of cases at the Land Registries involving Title Deeds, boundary disputes, etc. and to pay associated expenses.
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Trapped buyers still at banks’ mercy

Despite promises made by deputies last November that they intended to resolve the 'trapped buyers' mess by Christmas, it seems that little (if any) progress has been made towards its resolution.
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Final solution for trapped buyers?

The Finance Ministry is seeking a final solution that will enable trapped buyers who were duped into buying property built on land that their property developer had previously mortgaged to the bank to get their Title Deeds.
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Doubts over new moves on Title Deeds

Questions remain over how the gentlemen's agreement enabling 'trapped buyers' to get the Title Deeds to properties they purchased and paid for in good faith will work in practice; the Association of Cyprus Banks has yet to respond.
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Trapped buyers breakthrough

It appears that a gentlemen's agreement has been reached enabling trapped buyers who were duped by nefarious developers and lawyers into buying property on land that the developer had earlier mortgaged to get their Title Deeds.
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Speeding up issue of Title Deeds

The Cyprus government is ready discuss ways to reduce the time taken to issue Title Deeds, which has tarnished the reputation of Cyprus as a safe place to buy property by overseas investors.
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Sewerage blocks Title Deeds

After many years of waiting patiently for the Title Deeds to the properties they bought in Cyprus, some purchasers are finding that they cannot get clean deeds as they're blocked by sewerage.
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Cyprus property: biggest in Europe

Did you know that the average size of a Cyprus property is the largest in Europe, while properties in Romania are the smallest according to the dwelling size statistics published by Eurostat.
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Troika back in Cyprus

Representatives from the troika of Cyprus' international lenders, the IMF, EC and the ECB, have been in Cyprus since Monday conducting a fourth post-programme review, which they are expected to complete next Friday.
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Local authorities delaying title deeds process

The title deeds process is being delayed by the local authorities who need to decide what type of certificate to grant to properties depending on their condition; a final certificate of approval, a certificate with remarks, or one with a prohibition.
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Government striving for Title Deeds solution

The Cyprus government is trying to expedite a resolution to the Title Deeds-cum-fraud mess in which people were duped into buying property built on land that the developer had earlier mortgaged to the bank.
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Another stab at resolving the Title Deeds mess

The Cyprus government to take another stab at resolving Title Deeds mess created by nefarious developers who duped people into buying mortgaged property as the law passed in 2015 failed to fully address the problem.
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Ten years to clear Title Deed backlog

At the current rate of Title Deed issuance it would take approximately ten years to address the backlog according to the spring 2017 issue of the European Commission's Post-Programme Surveillance Report on Cyprus.
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How many trapped buyers?

Earlier today the Greek language newspaper ??????? (Daybreak) published statistics on the number of trapped buyers unable to get their Title Deeds because of various unpaid developer debts.
Title Deeds

More work needed on Title Deeds

There is still considerable work to be done on what the EC refers to as "the currently dysfunctional Title Deeds issuance and transfer system" in its post-programme surveillance report on Cyprus.
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