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North Cyprus Property Victims | End The Stealth Mortgages!

North Cyprus Property Victims | End The Stealth Mortgages!WITHOUT PREJUDICE

At last the ROC have seen the unfairness of the situation of what they labelled toxic loans and what those in a position in the north know as stealth mortgages. At last, it looks as if the Government is listening and are about to do the right thing.

With Advocates levying such extortionate fees from those affected by stealth mortgages and the same Advocates acting for the villains in some cases and the victims in others, it is time for the Government to intervene and release the victims from this never ending nightmare.

What is there to stop the Government ordering the Tapu to remove all mortgages from properties affected by stealth mortgages and allowing the true owners to take title? Well actually there is nothing, but will it happen?

I would go one step further and ask the Government to do the same with all unfair memorandums.

If, like me, you are sick of the parasites feeding off your carcass, you just want to continue with your original plan, to take the property you paid for in good faith be done with all these hangers on.

So come on Mr Akinci, knock your Government into shape and start the ball rolling.

Time to end this disgraceful chapter in the history of the property sector in north Cyprus.

Pauline Read

Source: Cyprus Mail

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1 comment to North Cyprus Property Victims | End The Stealth Mortgages!

  • fluter

    “What is there to stop the Government ordering the Tapu to remove all mortgages from properties affected by stealth mortgages and allowing the true owners to take title?”

    Simple Pauline. Will they make anything out of it if they DO intervene?

    Answers on a plain postcard …….