Cyprus: Property

House of Lords written question – answered at on 29 June 2009.

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Photo of Lord Jones of Cheltenham Lord Jones of Cheltenham Liberal Democrat

To ask Her Majesty's Government further to the Written Answer by Lord Malloch-Brown on 8 June (WA 117), whether they will takes steps to close down the United Kingdom offices of Cypriot companies selling property and ban the promotion of Cyprus property at exhibitions of overseas property held in the United Kingdom; and what further steps they will take to protect United Kingdom citizens from individuals who retain title deeds after properties in Cyprus have been bought.

Photo of Lord Brett Lord Brett Government Whip, Government Whip

We will not take any steps to close down the UK offices of Cypriot companies selling property or ban the promotion of Cyprus property at exhibitions of overseas property held in the UK unless we receive evidence of illegal behaviour. Our high commission in Nicosia continues to support the work of the Cyprus Property Action Group.

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