#trapped buyers

The House legal committee and Interior Minister Constantinos Ioannou agreed on Wednesday to prepare a final bill that would address problems faced by around 8,000 trapped property buyers. Ioannou said provisions ...

Convergence on key issues concerning trapped property buyers was achieved on Wednesday at the House legal affairs committee, which began an article-by-article examination of the proposed legislation to protect those ...

As threatening bank letters are sent to borrowers who cannot obtain title deeds to their properties, the realisation is setting in that decades of diligently paying loans may in the ...

FOR MANY years the authorities have been trying to address the issue of property buyers, who were not issued title deeds. In the past, many thousands of foreign buyers had ...

The battle to free nearly 10,000 “trapped buyers” in Cyprus is heating up, as banks and credit institutions voiced strong opposition to a new law proposal discussed on Wednesday in Parliament. ...

Almost 700 people have applied for the small-scale building violations amnesty, interior ministry permanent secretary Elikkos Ilia said on Sunday, as the deadline for applications approaches. The scheme was introduced on ...

Efforts are underway to resolve the issue of trapped buyers, Interior Minister Constantinos Ioannou said on Wednesday at the House legal affairs committee. Presenting a solution, he explained around 50 per ...

Hundreds of ‘trapped buyers’ of property may never receive title deeds, as their purchases are tied to developers’ mortgages on buildings ridden with irregularities. Interior ministry permanent secretary Elikkos Elia, ...

It is high time a comprehensive solution to the issue of ‘trapped buyers’ is found, the House labour committee concluded on Wednesday, as deputies stressed their determination to tackle the ...

Deputies on Wednesday were discussing a mechanism aimed at protecting – and preventing – trapped buyers, after Finance Minister Constantinos Petrides submitted a bill to the House legal committee. The aim is ...

By unanimous vote, parliament on Thursday passed a law extending to the end of 2022 the protection afforded to ‘trapped’ property buyers. It means the protection now applies to buyers who ...