Conned in Kyrenia!

Futaba


Joined: 19/12/2008
Posts: 1

Message Posted:
19/12/2008 16:08

'Buy pre 1974 Turkish Title Deed property - be completely safe!' stated the TRNC estate agents' websites. Our chosen agent, proclaiming his honesty, 'promised' the same: 'Your PTP application is a mere formality, and you'll have your Kocan within a couple of years.'

So, in 2005 we bought.

In 2007 we found that we'd been refused PTP as we were 'too close to military land.'

'Buy another house not near army!' we were told by the man who showed us the file containing our refusal.

We decided to pay our Stamp Duty, only to discover that an injunction had been put on our property in October 2007. We knew, prior to our purchase, the house was mortgaged by the Vendor, but this mortgage had been repaid to the bank in full and discharged. Very strange - we thought. Subsequently, we discovered that the crooked bank manager had forged our Vendor's signature and re-mortgaged our property and obviously got the bank's money ' a bit muddled up with his own'! But that's not fraud in the TRNC!

PtePike



Joined: 20/05/2008
Posts: 2334

Message Posted:
19/12/2008 16:47

'kin 'ell.



So where are things at now?

britvic



Joined: 05/09/2008
Posts: 3039

Message Posted:
19/12/2008 16:48

Yeah, do you have an update?

Graham


Joined: 20/10/2007
Posts: 397

Message Posted:
19/12/2008 16:54

More details would be helpful like which bank do we keep away from where is the house situated.



Graham

kibrissibel


Joined: 18/02/2008
Posts: 562

Message Posted:
19/12/2008 17:06

Hi, who put the injunction on? Is the land owner taking legal action against the bank manager? Which bank is involved? Have you spoken to the bank? Are they investigating? These are all things that you need to find out.

cronos


Joined: 26/10/2008
Posts: 2093

Message Posted:
19/12/2008 17:18

Could you tell me where your property actually is?

IS it close to any military sites?

I just get the impression that the military are used as the default stock excusewhen it comes to pursuing any delay/refusal of PTP.

Hector


Joined: 26/08/2008
Posts: 2352

Message Posted:
19/12/2008 22:28

I know someone in exactly the same situation. Having to go through lawyers in an attempt to get the mortgage sorted. Appears that bank managers defrauding people isn't a crime or police matter in NC!

PtePike



Joined: 20/05/2008
Posts: 2334

Message Posted:
19/12/2008 23:31

hector: "Appears that bank managers defrauding people isn't a crime or police matter in NC"



Which makes you wonder how much the police cut is...

fire starter


Joined: 19/06/2008
Posts: 3401

Message Posted:
20/12/2008 12:07

why would you be paying your stamp duty, when you didn't have your ptp??

joandjelly


Joined: 24/02/2008
Posts: 2953

Message Posted:
20/12/2008 12:31

Because you have to pay stamp duty in order to ratify your contract especially if you need to use that contract for applying for residency (for example), or going to court. It is a legal requirement.

fire starter


Joined: 19/06/2008
Posts: 3401

Message Posted:
20/12/2008 13:06

hi jo

we didn't when we came here. we used the sales contract for residency.

applied for ptp, was granted it and then paid all taxes.

has this changed this year? since april?

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
20/12/2008 13:57

Why do people start a thread and not answer any of the questions that the respondants raise?

andysue


Joined: 12/11/2007
Posts: 891

Message Posted:
20/12/2008 14:42

because its a scam post to make you shit yourselfs

berty



Joined: 11/01/2008
Posts: 216

Message Posted:
20/12/2008 17:08

the good old laxative trick Mmmmmmmmmmm

joandjelly


Joined: 24/02/2008
Posts: 2953

Message Posted:
20/12/2008 17:48

Hi FS, yes it changed around about that time. Now if you have to do anything where they need to see your sales contract it has to be the original stamped version and that includes renewing your residency.

Hector


Joined: 26/08/2008
Posts: 2352

Message Posted:
20/12/2008 18:21

I don't think it was a scam post & as I said I know someone in the exact same position anyway. The payment of tax was the .5% payable on registration of sales contracts which now has to be done within 21 days of signing. If you remember there was an amnesty at the beginning of the year for all those who hadn't registered (because no one bothered as it gave no protection at the time). When people then registered their contracts that was when they found these mortgages.