Kibkom North Cyprus Forum

Hi all,

Does anyone know of the land registry offer of 1% has been extended?

Thanks

I have heard that it has been extended to the first quarter.

Would be very interested to know when/if there is confirmation.

waterline wrote: ↑

Sat 02 Jan 2021 8:25 am

I have heard that it has been extended to the first quarter.

Hope so. Where did you hear this from?

Thanks

I hope so. I submitted my PTB in March last year and have been chasing it up all through December. I went to the Land Registry again last week and they said they have just sent the Land Report to Nicosia!

Trigger wrote: ↑

Sat 02 Jan 2021 12:27 pm

waterline wrote: ↑

Sat 02 Jan 2021 8:25 am

I have heard that it has been extended to the first quarter.

Hope so. Where did you hear this from?

Thanks

I heard this from a friend who will be helping me with my registration who has previously worked for the state government and is well informed with what is going on. In my case, the builder also benefits from the reduced taxes so it is also in his best interest to get the transfer done!

All I can say is that I hope so too!

We got an email today from our advocate stating that the land registry fees offer of 1% has been extended for 2021.

That sounds hopeful Trigger. Thanks for posting.

Trigger wrote: ↑

Mon 11 Jan 2021 1:10 pm

We got an email today from our advocate stating that the land registry fees offer of 1% has been extended for 2021.

Did your advocate tell you of any time scale at all ?

13roman58 wrote: ↑

Mon 11 Jan 2021 2:41 pm

Trigger wrote: ↑

Mon 11 Jan 2021 1:10 pm

We got an email today from our advocate stating that the land registry fees offer of 1% has been extended for 2021.

Did your advocate tell you of any time scale at all ?

A few months... but who knows. We are trying to get correct proof of council tax payment then we should be good to go. With 12 months to play with, you would like to think it gives it enough time... but who knows, we can but try.

Belidere provide an annual payment schedule including property tax in Lapta on an A4 sheet.for the tax office.

i heard this 1% land registry fee only applies to houses up to 140 SQM in size ?

Saddique wrote: ↑

Mon 11 Jan 2021 10:23 pm

i heard this 1% land registry fee only applies to houses up to 140 SQM in size ?

If it's the same as before, yes,then 3% up to 300 Sqm and 4% after that.

It's on nmplegal.com website confirms extension until December 2021 in the legal updates section

Good news!!

Wonderful! Thanks Reyntj.

Trigger wrote: ↑

Mon 11 Jan 2021 4:53 pm

13roman58 wrote: ↑

Mon 11 Jan 2021 2:41 pm

Trigger wrote: ↑

Mon 11 Jan 2021 1:10 pm

We got an email today from our advocate stating that the land registry fees offer of 1% has been extended for 2021.

Did your advocate tell you of any time scale at all ?

A few months... but who knows. We are trying to get correct proof of council tax payment then we should be good to go. With 12 months to play with, you would like to think it gives it enough time... but who knows, we can but try.

why do you need to prove this?

Because they don't issue deeds of the council tax and water haven't been paid

I heard it has been extended for a year.