Search found 2478 matches

by Nigel Howarth
21 Jan 2020 14:10
Forum: Selling Property
Topic: Conveyancing
Replies: 4
Views: 29

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: 29

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: 44

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: 3009

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: 85

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: 85

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: 118

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: 118

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: 11767

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
by Nigel Howarth
01 Jan 2020 14:31
Forum: General Property Questions
Topic: Buying residential land without fence.
Replies: 1
Views: 101

Re: Buying residential land without fence.

Hello Oystein, welcome to the forum and Happy New Year. You will need to have the land surveyed by a surveyor that's registered with the District Land Office. You can find a list at Cadastral field surveys carried out by private surveyors . Alternatively the land can be surveyed by a governmental su...
by Nigel Howarth
07 Dec 2019 13:20
Forum: Buying Resale Property
Topic: How to find who owns a property?
Replies: 5
Views: 484

Re: How to find who owns a property?

There's also the possibility that the owner had died and the property's been inherited by a number of family members.

Regards,
by Nigel Howarth
06 Dec 2019 08:43
Forum: Buying Resale Property
Topic: How to find who owns a property?
Replies: 5
Views: 484

Re: How to find who owns a property?

Hi Antony and welcome to the forum.

This question comes up quite often - see Finding owner of property.

Regards,
by Nigel Howarth
02 Dec 2019 23:39
Forum: Communal Property Management
Topic: New laws governing Associations etc.
Replies: 6
Views: 1984

Re: New laws governing Associations etc.

J B wrote:
02 Dec 2019 19:56
I went to the bank and showed him the article - he gave me a Cyprus Shrug and told me not to worry about it :-?
I hope you got that in writing.

Regards,
by Nigel Howarth
01 Dec 2019 09:52
Forum: Communal Property Management
Topic: New laws governing Associations etc.
Replies: 6
Views: 1984

Re: New laws governing Associations etc.

Hi pissouriabc

I wrote an article about this several months ago - Management committees fall foul of law.

I suggest you hold a committee meeting and pass a motion to change the name - and take the minutes of the meeting to the bank and get the account name changed.

Regards,
by Nigel Howarth
28 Nov 2019 18:04
Forum: Communal Property Management
Topic: Management Committee
Replies: 1
Views: 180

Re: Management Committee

Hi pissouriabc

If the development has been registered as a 'jointly-owned building' you must (by law) have a Management Committee.

If you send me a scan or a clear digital photo of your Title Deed, I can check for you on-line.

I'll send you an email with my address.

Regards,