Search found 580 matches

by Pantheman
27 Feb 2020 14:57
Forum: Louise Zambartas' Legal Questions
Topic: Are heirs of an estate responsible for its debts?
Replies: 8
Views: 591

Re: Are heirs of an estate responsible for its debts?

Just re-read Pan's reply: "there must have been a guarantor for the mortgage". Is this a legal requirement in Cyprus? No one has mentioned this to us, but many people in Cyprus assume that we know the Cypriot system because my dad lived there. I think the close-knit families out there can't quite b...
by Pantheman
26 Feb 2020 19:54
Forum: Louise Zambartas' Legal Questions
Topic: Are heirs of an estate responsible for its debts?
Replies: 8
Views: 591

Re: Are heirs of an estate responsible for its debts?

Sorry to hear about your issues, that bank is a b*gger to deal with and I am very surprised that they can chase a heir for someone else debt. When your late father took out the mortgage there must have been a guarantor, do you know who that is?? The developer perhaps? He is now responsible for the d...
by Pantheman
23 Feb 2020 18:40
Forum: General Property Questions
Topic: *** Applying for your Title Deeds ***
Replies: 43
Views: 32798

Re: *** Applying for your Title Deeds ***

In Uk and wish to buy a nice property we have seen but it has no title deeds. Solicitor says no problems . Builder went bust before he finished pavement outside that goes no where as its end of cul de sac with green belt next to it. They say it could take years and cost 12K to get deeds. Is this ad...
by Pantheman
23 Feb 2020 18:33
Forum: General Property Questions
Topic: Build Permit for Existing House on Agriculture Land
Replies: 2
Views: 399

Re: Build Permit for Existing House on Agriculture Land

Dear Squasfal, welcome to the forum, I will answer your questions below: 1. If we bought the whole plot, is it generally accepted that we can get planning permission for one of the properties? NO, you are very unlikely to get planning permission to build anything on a Z1 (protected area) zone. Notwi...
by Pantheman
21 Feb 2020 15:50
Forum: Property Ownership
Topic: How do we change our architect?
Replies: 1
Views: 460

Re: How do we change our architect?

We own a house on a small development of 4 houses where the developer has washed his hands of us and walked away. All houses now have shared ownership on the land. After a lot of investigation we have established the original planning permits for our houses expired after 3 years in 2006 and were ne...
by Pantheman
04 Feb 2020 13:51
Forum: Buying Land
Topic: Building Land for sale
Replies: 3
Views: 632

Re: Building Land for sale

Hi Gary & welcome to the forum. A 'field' is an agricultural piece of land - in all probability you'll be unable to build on it (unless it's a greenhouse, goat shed, etc.) You need to check the deed for zoning, building density, etc. Regards, Nigel, whilst this is generally correct, a field can als...
by Pantheman
15 Jan 2020 16:52
Forum: General Property Questions
Topic: Real estate agents list
Replies: 7
Views: 3740

Re: Real estate agents list

Hi del-froogo This makes no sense whatsoever. The VAT most agents charge is 5% (+VAT). As he's done nothing for eight years, I suggest you take it out of his hands and put it with another agent. Where is the property? Regards, Better still, put it with multiple agents, you only pay the agency that ...
by Pantheman
08 Jan 2020 19:38
Forum: Mark Nowell's Financial Questions
Topic: Non-Resident Mortgage Requirements
Replies: 5
Views: 843

Re: Non-Resident Mortgage Requirements

My understanding is that a 'n0n-resident' mortgage is not a mortgage at all, but an investment loan and usually at a much higher interest rate. So, if you plan to remain here, do the this nags that Nigel as stated before applying for the mortgage. Although, you may have to have a rental agreement or...
by Pantheman
06 Jan 2020 12:25
Forum: General Property Questions
Topic: Division of land in ‘Z’ zone
Replies: 2
Views: 489

Re: Division of land in ‘Z’ zone

Hi, i have a question as to whether it is possible to obtain separate title deeds for land that is within the Z zone (not agricultural zone) with a 6% building right, is 10.7 acres and is currently owned by 5 owners. The boundaries for the exact 1/5 that is owned by each owner were submitted to the...
by Pantheman
04 Jan 2020 19:33
Forum: General Property Questions
Topic: Buying property from a bank.
Replies: 4
Views: 643

Re: Buying property from a bank.

However, is there no way we can check for ourselves if the property has any encumberance? We are paying the full amount up front, and we are not going to build or connect to anything. The only thing I am worried about is any hidden liabilities. Yes, you can check yourselves. I published an article ...
by Pantheman
06 Dec 2019 17:30
Forum: Buying Resale Property
Topic: How to find who owns a property?
Replies: 5
Views: 1178

Re: How to find who owns a property?

Hi, we are looking to buy a property in Cyprus and have seen a fabulous, but derelict, house in a village. Is it possible to trace the title deed owners in order to discuss making them an offer for the property? Regards, Antony You easiest method is to knock on a neighbours door and ask. Or just go...
by Pantheman
28 Nov 2019 15:44
Forum: General Property Questions
Topic: Building On Z1 Z3 Land
Replies: 4
Views: 2521

Re: Building On Z1 Z3 Land

haddadbj wrote:
28 Nov 2019 10:43
Hi Pantheman, is the some information available on the description of the different planning Zones?
Already sent you a pm.
by Pantheman
23 Nov 2019 10:23
Forum: General Property Questions
Topic: Powers of Attorney
Replies: 7
Views: 1428

Re: Powers of Attorney

Point to note: Not all PoA are the same and one needs to careful exactly what powers they are delegating. The power needs to be specific to encompass all the actions required in order to make the necessary transaction otherwise it will not be accepted. You could have a general power that deals with ...
by Pantheman
09 Nov 2019 12:13
Forum: General Property Questions
Topic: Log cabin on agricultural land
Replies: 2
Views: 1147

Re: Log cabin on agricultural land

.. and only if you have a registered road access of the min width. If you do apply, call it a store area, you might get luck, but there could be other criteria that would need to be taken into consideration. Generally, agricultural land is not for development and they are taking a strict stand on th...
by Pantheman
04 Oct 2019 13:46
Forum: General Property Questions
Topic: Mortgage Payment
Replies: 1
Views: 970

Re: Mortgage Payment

shirt9696 wrote:
04 Oct 2019 13:33
I have recently received the title deeds for my house. I have a sterling mortgage, does anyone know whether Alfa bank will offer any discount if I pay it off early?
Unlikely, in fact you may be faced with a penalty for early prepayment. No harm in asking though.