Search found 2484 matches

by Nigel Howarth
23 Feb 2020 19:56
Forum: General Property Questions
Topic: *** Applying for your Title Deeds ***
Replies: 42
Views: 31354

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

Hi mrburger The following phrase springs to mind - don't touch it with a ten foot bargepole! If the developer has gone into liquidation, there's a good chance that the liquidator will sell the land to recover the developer's debts. Do you know if the developer obtained building and planning permits?...
by Nigel Howarth
23 Feb 2020 18:59
Forum: General Property Questions
Topic: Build Permit for Existing House on Agriculture Land
Replies: 2
Views: 48

Re: Build Permit for Existing House on Agriculture Land

This only applies to non-EU citizens. Currently since the UK has left the EU, I am not quite sure how this will be applied since there are many Brits with multiple properties in Cyprus. Until the end of the Transition Period (31/12/2020) Brits can purchase as much property as they wish. Brits with ...
by Nigel Howarth
19 Feb 2020 19:28
Forum: FAQ
Topic: selling villa
Replies: 1
Views: 186

Re: selling villa

Hello Lorraine and welcome to the forum If you sell your property through an estate agent, their typical fee is 5% (+VAT) of the price achieved. I recommend you appoint a lawyer (as you would in the UK). I don't know what they will charge, but you can find a list of English-speaking lawyers on the l...
by Nigel Howarth
04 Feb 2020 16:12
Forum: Buying Land
Topic: Building Land for sale
Replies: 3
Views: 278

Re: Building Land for sale

Thanks Pan

I'm learning something new every day.

Cheers,
by Nigel Howarth
04 Feb 2020 11:01
Forum: Buying Land
Topic: Building Land for sale
Replies: 3
Views: 278

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,
by Nigel Howarth
28 Jan 2020 23:12
Forum: Introduce Yourself
Topic: Another sucker
Replies: 3
Views: 4201

Re: Another sucker

Hi childeric

You must get a lawyer on your case - see the link in my earlier message.

Regards,
by Nigel Howarth
21 Jan 2020 14:10
Forum: Selling Property
Topic: Conveyancing
Replies: 4
Views: 438

Re: Conveyancing

Hi Lynda

It is usual that a PoA can be assigned to more than one person. E.g. When you appoint a lawyer as your PoA anyone in the law firm can act on your behalf depending on how the PoA document is worded.

Regards,
by Nigel Howarth
20 Jan 2020 13:54
Forum: Selling Property
Topic: Conveyancing
Replies: 4
Views: 438

Re: Conveyancing

Hi Pollyanna It is extremely unwise to use the same lawyer/conveyancer as the purchaser!! If you look at my check-list , the first thing it says is: •Find your own independent lawyer (i.e. a lawyer who is not connected with anyone else involved in the transaction) •Ensure that the lawyer is register...
by Nigel Howarth
18 Jan 2020 14:45
Forum: General Property Questions
Topic: Building External Isolation
Replies: 3
Views: 328

Re: Building External Isolation

Hi Laura I think the best thing to do is to get in touch with one of the contacts listed on the Scheme for Promoting Saving and Upgrading of Households . They should be able to advise you what grants are available for what and how to apply. (I know of a company in Paphos that's up to speed with all ...
by Nigel Howarth
15 Jan 2020 16:00
Forum: General Property Questions
Topic: Real estate agents list
Replies: 7
Views: 3361

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,
by Nigel Howarth
12 Jan 2020 11:28
Forum: Mark Nowell's Financial Questions
Topic: Non-Resident Mortgage Requirements
Replies: 5
Views: 444

Re: Non-Resident Mortgage Requirements

Hi Nathan I've been trawling the banks and the loans they offer. The only one I've found that mentions residency is the Bank of Cyprus Investment Loan , which states: "The scheme is offered to permanent residents of Cyprus only. If you are not a permanent resident of Cyprus for the last 5 years, cal...
by Nigel Howarth
08 Jan 2020 19:09
Forum: Mark Nowell's Financial Questions
Topic: Non-Resident Mortgage Requirements
Replies: 5
Views: 444

Re: Non-Resident Mortgage Requirements

Hi Nathan and welcome to the forum. Non-resident mortgages are designed for those not resident in Cyprus. Once you move here and register with the Immigration authorities and the Tax Department you will be resident and will be able to apply for a standard mortgage from any of the banks. I don't real...
by Nigel Howarth
04 Jan 2020 16:51
Forum: General Property Questions
Topic: Buying property from a bank.
Replies: 4
Views: 409

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 Nigel Howarth
04 Jan 2020 13:04
Forum: General Property Questions
Topic: Buying property from a bank.
Replies: 4
Views: 409

Re: Buying property from a bank.

Dear Oystein Please see my reply to your earlier message at https://www.cyprus-property-buyers.com/forum/viewtopic.php?f=18&t=2086&p=7828#p7829 - you will need to instruct the lawyer you engage to check that there are no encumbrances on the property. If you are planning to grow vegetables, you will ...
by Nigel Howarth
03 Jan 2020 21:47
Forum: Property Ownership
Topic: Title Deeds and the LRO
Replies: 36
Views: 16759

Re: Title Deeds and the LRO

Dear Howard and Barbara

I'm very pleased to hear you've finally got your Title Deeds.

Time to celebrate and open that bottle of champagne.

Happy New Year