Search found 14 matches

by rollwithit
27 Nov 2012 00:26
Forum: General Property Questions
Topic: Laiki bank CHF rate increase
Replies: 2
Views: 2610

Laiki bank CHF rate increase

Hi Nigel, I trust your keeping well. I have a Swiss frank mortgage which I took out in 2007. When I signed the contract it was supposed to increase/decrease in line with the Swiss libor rate. For the first few years it decreased right down to half of one per cent. However over the last few years it ...
by rollwithit
07 May 2012 17:11
Forum: General Property Questions
Topic: Financial Ombudsman
Replies: 2
Views: 3493

Financial Ombudsman

Hi Nigel,

I hope your well. Can you tell me who is the Financial Ombudsman in Cyprus as I intend making an official complaint against my bank.
If you have any further details on how to go about thiis it would be most helpful also.

Thanks
Rollwithit
by rollwithit
16 Sep 2011 13:34
Forum: General Property Questions
Topic: swimming pool laws
Replies: 1
Views: 2797

swimming pool laws

Hi Nigel, I read the below article you wrote back in 2008. Can you advise if communal swimming pools are classed as private pools or public? Many Thanks Rollwithit The Cyprus Land & Building Developers Association is trying to resolve the issue. It has reached an agreement with the Cyprus government...
by rollwithit
21 Apr 2011 11:25
Forum: General Property Questions
Topic: Communal areas in Cyprus
Replies: 1
Views: 2694

Communal areas in Cyprus

Dear Nigel, Can you advise me on the ownership of communal areas in Cyprus for Developemnts. When the Title Deeds are finally issued and each owner have their seperate title deeds who actually owns the land that the communal area / swimming pool is erected? Is it different for all developments or is...
by rollwithit
21 Jul 2010 00:25
Forum: Property Faults
Topic: charging communal sqm
Replies: 1
Views: 4161

charging communal sqm

Hi Nigel, I trust you are keeping well and thanks again for your advice which is much appreciated. Our committee is finally sorting our on-going issues out and may be taking charge of our complex soon. They intend registering the committee with the Land registry and setting the fees. I understand th...
by rollwithit
26 Jun 2010 00:03
Forum: General Property Questions
Topic: Lift maintenance
Replies: 1
Views: 2521

Lift maintenance

Dear Nigel, how are you, keeping well I hope. Thank for your recent assistance, you have been very helpful. Could I ask your advise again please: What is the current law regarding the maintenance of lifts. We need to ensure that we are not under maintaining our lifts in our complex. However we do no...
by rollwithit
06 Jun 2010 00:07
Forum: General Property Questions
Topic: Insurance Liability
Replies: 1
Views: 2598

Insurance Liability

Hi Nigel and welcome back I hope you had a nice break Can I ask you, our Developer is withdrawing the maintenance provider to our complex, they are claiming that a lot of owners are not paying their fees (however there is a continued dispute). Is it now the responsibility of the developer to ensure ...
by rollwithit
16 Apr 2010 23:33
Forum: General Property Questions
Topic: Alteration
Replies: 1
Views: 2313

Alteration

Hi Nigel, How are you? An owner in our complex has erected a wooden sun roof terrace which seems to be nailed into the apartment. We dont have our Title Deeds and I believe that Final Inspection has not taken place. Can this affect the issuing of the final approval certificate or is it at the inspec...
by rollwithit
06 Mar 2010 13:57
Forum: Mark Nowell's Financial Questions
Topic: Mortgage Base Rates
Replies: 5
Views: 9301

Re: Mortgage Base Rates

Hi Scott, I am also in the same position as yourself. However my mortgage rate increased last July and I received a similar letter as yourself. I was also told that I probably wouldnt see any difference in the amount as it had gone down (in line with the Lobor base rate) previous months, which it ha...
by rollwithit
26 Feb 2010 22:56
Forum: General Property Questions
Topic: Developer mortgage
Replies: 4
Views: 3898

Re: Developer mortgage

Thank you Nigel, although you say it is nothing to worry about its quite disconcerning knowing that there are mortgages on your property which you knew nothing about. Whats most worrying is that my own bank has authorized a loan to the developer on the same property they gave me a mortgage for. is i...
by rollwithit
26 Feb 2010 20:17
Forum: General Property Questions
Topic: Developer mortgage
Replies: 4
Views: 3898

Developer mortgage

Hi Nigel, i have just received correspondence from the land registry that the developer has taken out three mortgages against my property. One of the loans was issued from my own bank whom I have the property mortgaged with. How can this be? Obviously I have to have this looked into by my own lawyer...
by rollwithit
22 Jan 2010 20:06
Forum: Introduce Yourself
Topic: Dispute with developer
Replies: 1
Views: 3057

Dispute with developer

Dear Nigel, thanks for your last advice it was quite useful. Well done on your site its very informative. We are having dreadful problems with our Developer/Maintenance provider. As we dont have title deeds they are constantly making demands on the owners regarding our contracts and fees. Its not wo...
by rollwithit
08 Nov 2009 23:05
Forum: Introduce Yourself
Topic: Hi people!!
Replies: 2
Views: 3704

Re: Hi people!!

Hi Mark I also bought from Giovani but I believe they are in a good financial position so dont worry too much. Contact your seller and you will get more information. From what I can see its common practice to mortgage the land but I am no expert on this so you need to get legal advice on this in ord...
by rollwithit
21 Oct 2009 01:20
Forum: General Property Questions
Topic: communal area responsibility
Replies: 1
Views: 2706

communal area responsibility

Hi Nigel, Our developer is threatening to pull out of servicing the communal area because we wont agree to an increase of maintenance fee's. Can I ask you who is legally responsible for the running of the communal area until we receive Title deeds? Surely they have a legal responsibility to continue...