Stop the Auction on June 6th (following on from previous thread)

joandjelly


Joined: 24/02/2008
Posts: 2953

Message Posted:
04/06/2010 10:12

Just to ensure this does not die a death I thought I would start a new thread and remind you all that there is a market held at the Karsiyaka Park Cafe on a Sunday morning where the lovely ladies sell bits and bobs to raise money for Ismail's arm so even if we get no joy at the auction at least we can do some good for this little boy. If we have a good turnout and everyone donates even 1TL I am sure it will make a difference.

See you there!

joandjelly


Joined: 24/02/2008
Posts: 2953

Message Posted:
04/06/2010 11:15

Just thought I would add that barring a miracle today the auction will definitely be going ahead.

TopTen


Joined: 15/04/2009
Posts: 1246

Message Posted:
04/06/2010 11:44

What time does the auction begin

kibrissibel


Joined: 18/02/2008
Posts: 562

Message Posted:
04/06/2010 12:56

It starts at 09.00.



We now live in a world where the internet and social media reaches out to millions. Akfinans have taken steps with their notice in Cyprus Today to make threats to people who voice opinion on this matter, but businesses who engage in descriminate business practices or governments who allow it to continue cannot seriously expect the truth to stay hidden in this environment. We need investment in TRNC, not a national embarassment! Who wants to invest in construction or buy when this is going on?



The TRNC has always been the underdog, and as such, it has to work harder to show the international community that its citizens and residents are treated fairly, and that the law will protect them. This potential auction will have a catastrophic affect on the mortgage epidemic that has been allowed on properties/land that were already subject to contracts of sale. It paves the way for hundreds more acutions for buyers in the same situation (myself included).

joandjelly


Joined: 24/02/2008
Posts: 2953

Message Posted:
04/06/2010 13:17

It says on the auction notice that it starts at 10.00 but probably best to be there by 9.00 just in case.

TopTen


Joined: 15/04/2009
Posts: 1246

Message Posted:
04/06/2010 15:28

Are all the houses up for sale or just so many?

nareik


Joined: 26/01/2009
Posts: 113

Message Posted:
04/06/2010 17:18

Apologies to all for innocently starting a duplicate thread on this topic.

I was just so annoyed at what had happened.

Hopefully no harm done. Can the duplicate be cancelled? Anyone know?

nareik


Joined: 26/01/2009
Posts: 113

Message Posted:
04/06/2010 17:51

DIRECTIONS TO KARSIYAKA SQUARE AUCTION SUN 6th June (taken from previous thread)



"Please note we do expect a very large turn out. English and Turkish Cypriot press will be there Turkish speaking T.V. News crews will be there. We hope for British Press but I personally have had no response.

Parking will be a problem - dont let that stop you Car share, come on the dolmus but please come.

Take the main road from Girne, through, Alsancack, Lapta, Karsiyaka. The Square is off the main road coming from Girne on the right - it is directly opposite the turning on the left to the village where the beledeysi sub office is. You wont miss it, follow the cars. Within the square there is a park just before turning into the square where they do excellent full english breakfasts on Sundays."

Scoty


Joined: 23/05/2010
Posts: 846

Message Posted:
04/06/2010 18:40

Well done J+J and nariek for keeping this going. It is a very important issue for all of us. Will see you there on Sunday.

Had no response from e-mails as per cyprusishome addresses - surprise

cyprusishome


Joined: 31/03/2007
Posts: 2381

Message Posted:
04/06/2010 18:53

One thing to reemphasise, most of us love the TRNC and do not wish to see harm done to its reputation, the harm is being done by the EVIL doings of builders, estate agents, lawyers and in this case bankers. They are the ones destroying the image of TRNC we just want fair dealings. We are all prepared to pay our taxes, debts or other legal payments without question.



In the current scenario, we know that many more of you are living on mortgaged land and could be in the same situation some time in the future.



People power could help put a stop to it before you all lose the homes you have paid for. Please turn up at the auction to show united support for the buyers and to collectively let the authorities know that we will not sit back and allow this type of behaviour to continue.



Once again, Dr Eroglu et al we fully support the TRNC as a country, as our home, we just want fair and just treatment in return.



Lets have 2,000 at least there on Sunday.

Tenakoutou



Joined: 27/07/2009
Posts: 4110

Message Posted:
04/06/2010 19:07

Dr. Eroglu has been described in the International press as a 'hard liner'.



So, let him demonstrate his strength of integrity and steadfast sense of will and purpose by putting a stop to this wretched auction and assuring the expatriate population that the promises he made at the 'Pia Bella' were not just 'hot air' platitudes.

millerman


Joined: 30/06/2008
Posts: 21

Message Posted:
04/06/2010 19:15

We can't be there to support you, but are sending you our prayers in the hope that common sense will prevail. We are in the same boat as are many other innocent house buyers who are being let down by the authorities.

Mandy


Joined: 25/10/2009
Posts: 48

Message Posted:
04/06/2010 19:29

Excuse me if this is a stupid question.



If its possible for a bank to grant a mortgage legally on a property after people have bought the property and registered their contract, then is it not the case that no sane person would EVER AGAIN, IN A MILLION YEARS BUY A TRNC PROPERTY OFF PLAN?



Am I correct in saying that iif this auction succeeds, the TRNC building industry will be completely killed off.



So the bank wins, but the country main source of potential income dies a death.



...or am I missing something....

cyprusishome


Joined: 31/03/2007
Posts: 2381

Message Posted:
04/06/2010 19:48

Mandy,



Yes, it is probable, unless you have your kocan the legal eagles here have told us time and again you have few rights. If you do nothing else fight to get your kocan at the earliest opportunity even if at the expense of other things.



The general concensus, although not all, is that if this auction succeds and the people loose their homes there are anything up to a further hundred cases in the pipeline with the same issues.



No, you are not missing anything. If you have kept up to date over last few weeks with events in TRNC would you even contemplate buying here?? A number of business men are looking forward to Russian and other nationality buyers taking the place of UK residents buying. What they fail to realise is that Russians will not stnad for the nonesense that too many Brits have, taking the ostrich pose, they will fight back and hard.



David

natalie


Joined: 03/05/2009
Posts: 323

Message Posted:
04/06/2010 22:03

Cyprushome, we canot have banners etc, but is there a law against us all for example, linking arms to show solidarity? Can you also please confirm the time, some say 10.00am some say 9.00am Thank you so much

joandjelly


Joined: 24/02/2008
Posts: 2953

Message Posted:
04/06/2010 23:16

Natalie please see my message 5. The official auction notice from the Land Registry states that the auction will be at 10am.

cyprusishome


Joined: 31/03/2007
Posts: 2381

Message Posted:
05/06/2010 08:20

Natalie,



My received info is that any sign of actual protest may be seen as threatening to the authorities so best to stay on the safe side.



Think it was last year when the government here decided to use force to break up a peacful demonstration outside parliament by unions.

malsancak


Joined: 23/08/2009
Posts: 2874

Message Posted:
05/06/2010 09:00

NCFP is carrying a story about the individuals affected by Akfinans Bank's auction

http://www.northcyprusfreepress.com/2010/06/05/who-will-akfinans-bank-possibly-be-evicting-from-their-north-cyprus-homes/

Mandy


Joined: 25/10/2009
Posts: 48

Message Posted:
05/06/2010 12:14

My friend Susan from Leeds is buying an apartment off plan in Kyrenia and has paid her deposit.



The location is nice, the builder seems OK, everything going well.



Today she told me she has cancelled her contract asked for the deposit back.



Why? Because she believes that even though she has registered her contract, the builder can slap a mortgage on it at any time, and that may turn into an 80% mortgage worth as much as the apartment.



This is so sad for TRNC and the people who love it.

Scoty


Joined: 23/05/2010
Posts: 846

Message Posted:
05/06/2010 12:16

Another sad consquence due to this terrible business.

Hope your friend is successful in getting her money back.

rigsby


Joined: 21/09/2007
Posts: 912

Message Posted:
05/06/2010 12:21

Scoty,Yes i aggree,getting money back is not easy.

kibrissibel


Joined: 18/02/2008
Posts: 562

Message Posted:
05/06/2010 12:36

Cyprusishome - re message 14 - There will be many more than 100 more possible cases regarding this mortgage epidemic if these auctions are allowed to continue. Seaterra Reserve has approx 200 apartments and was mortgaged for £2 million (not including interest!), breaching many contracts. So 200 possibilities on one site!



It's strange how ex-pats were allowed to demonstrate on the march in Lefkosa against the embargoes and isolation of TRNC, and yet they're not allowed to demonstrate! Hipocracy by any standards. How can we even expect to compete internationally when short-sighted, bad business practices, which are a national embarrasment, are allowed to carry on?

kibrissibel


Joined: 18/02/2008
Posts: 562

Message Posted:
05/06/2010 12:44

Doesn't Akfinans understand the purpose of a guarantor to a loan? If the loan is not paid by the mortgagee, it falls to the guarantor to become resposible for it. If the guarantor is unable to pay, their assests should be chased, and if they cannot pay, then, sadly, it's Akfinans's negligence for allowing an unsuitable creditor to act as the guarantor!

Bradus


Joined: 25/02/2007
Posts: 2641

Message Posted:
05/06/2010 13:24

Kibrissibel/



I think it will be more likely to be around the 500+ mark.You only have to trawl through old posts to find the true extent of mortgages and memorandums.

cyprusishome


Joined: 31/03/2007
Posts: 2381

Message Posted:
05/06/2010 14:40

Sibel,



I believe from my reliable source that the figure of 100 is 100 potential sites where this diabolical practice has occured. Leading to many more individuals being involved.



Hope Christine and I will see you tomorrow,



David

Tenakoutou



Joined: 27/07/2009
Posts: 4110

Message Posted:
05/06/2010 15:01

Why doesn't the government order an in depth investigation with the Land Registry and the banks?



They should be made to reveal all - then the government could decide what steps to take to tackle the situation before it gets further out of hand.



Failure to expedite such action will further alienate TRNC.



Which should take priority - the above, or 'The Talks' ?



No need to consult a Philadelphia lawyer - anyone with half a brain can answer that one!

rigsby


Joined: 21/09/2007
Posts: 912

Message Posted:
05/06/2010 15:10

Tenakoutou, A very good question,Answer,Shrug,this is Cyprus.

kaiserphil


Joined: 14/12/2008
Posts: 1096

Message Posted:
05/06/2010 15:14

Tenakouttou - "They should be made to reveal all - then the government could decide what steps to take to tackle the situation before it gets further out of hand."

Rigsby is right, apathy rules OK. All you will get from anyone in authority is false promises and lack of action. Very sad, but that is the way it is.

Tenakoutou



Joined: 27/07/2009
Posts: 4110

Message Posted:
05/06/2010 15:39

kaiserphil & rigsby/Msgs 27-28:



Rest assured, it's completely superfluous for you both [in my case] to 'teach your grandmother how to suck eggs'!

malsancak


Joined: 23/08/2009
Posts: 2874

Message Posted:
05/06/2010 15:41

Everything that is being done by Akfinans Bank is perfectly legal, that's the sad part. The current government, by it inaction, believes the current situation is acceptable. In the south they have the same problem, the EU complained and they are trying to change it. In the north, the current government don't accept EU laws because they don't seem to expect to ever need to abide by them.

Tenakoutou



Joined: 27/07/2009
Posts: 4110

Message Posted:
05/06/2010 15:48

Yet they're perfectly happy to accept EU handouts!



It's high time for some 'reciprocal back-scratching', methinks.

rwilson


Joined: 14/04/2008
Posts: 87

Message Posted:
05/06/2010 16:15

Mal, I dont think it is correct to say that "Everything done by Akfinans Bank is legal."



I do not believe that in the fullness of time, banks that have had notice of existing contractural rights and decided to ignore them will be seen to be acting prudently and legally.



Banks that auction homes at the moment may have the law on their side at the moment, but may find themselves in court later if it can be shown they deceived the courts by ignoring and not declaring the notice they were given.



If the bank goes ahead with the auction, it may find itself in high court later this year having to compensate the original contractural purchasers.



If anyone disagrees with this, can they please direct me to a high court judgement which shows contractural notice being ignored or a mortgage being given preference over an earlier contract.



There is as yet no proper case law yet and this needs referred to the constitutional court where fairness is the overriding principle.

malsancak


Joined: 23/08/2009
Posts: 2874

Message Posted:
05/06/2010 16:23

I may be wrong but I believe it is being said that even if there is a contract the builder can mortgage HIS property and it remains his until the property swaps hands. The builder breaks the contract if the property is not legally transferred to the purchasers and then has to return the money. If the builder is bankrupt he cannot do this. The bank may not have been diligent but I bet, like the lawyers, you'll find they don't have a duty of care.

Bradus


Joined: 25/02/2007
Posts: 2641

Message Posted:
05/06/2010 16:46

http://bit.ly/legal_cyprus



The legal question and answer section covers this.

cyprusishome


Joined: 31/03/2007
Posts: 2381

Message Posted:
05/06/2010 16:50

I agree with msg 33. In law here it is not your property until you are possesion of the kocan. This is the key to this case I believe.



Morally the bank have behaved, to be polite, diabolically. In current law they have done nothing wrong. This being the reason the case has continually been kicked back.



The legal people have said for a long time now the law of the land over rides any moral issues. Unfortuanatley many of us were conned with the phrase - the law here is same as in UK. problem is it is colonial law and does not relate to anything in the 21st century.

girne 29


Joined: 06/12/2007
Posts: 1488

Message Posted:
05/06/2010 19:20

Mal mesage 30

While agreeing that the moment the TRNC feels no need to apply EU laws, in the long run it might be better if they changed the laws to protect purchasers sooner rather than later.

If the owners lose their houses and do as they have said and tell as many people in the world as possible via the internet not to to buy here,then the damage could be irreversible,considering the damage already done in the last couple of years.

We have been talking about lifting the embargoe and free trade, maybe the Govt should start now in trying to improve matters in preparation for the day the TRNC joins the the outside world, and the responsibilities that come with that.

BillyB


Joined: 19/05/2008
Posts: 436

Message Posted:
05/06/2010 19:52

I see in Cyprus Today that Hasan Sozmener, chairman of TRNC bar assoc and Sonner Yetkili, chairman of the contractors union, calling for changes in laws with regard to these auctions. Do they actually want changes or are they just trying to score a few brownie points? As I've said before it would be great to see them showing their support tommorrow at the auction, along with Hasan Sungur chairman of Estate Agents union, all good and honest lawyers/estate agents/builders. Wouldn't it be good if Rauf Denktas also turned up as he has given his support to this cause. I was disappointed at the lack of turnout from the above people at the Bellapais auction last year. Whenever you discuss all these property problems with Turkish Cypriots I'm amazed at the amount that refer to their own country as a banana republic because the government refuses to change rules and laws to protect buyers. One can only assume that the unscrupulous outnumber the honest hence very little changes. Heres hoping.

malsancak


Joined: 23/08/2009
Posts: 2874

Message Posted:
05/06/2010 20:32

#36, I agree that if the TRNC does not change then the construction industry will suffer but, to remind people, it is not a TRNC problem its a Cyprus problem, north and south. The south are having massive difficulties trying change the law to comply with the EU. I believe an eviction, especially of a pensioner, would have an impact for the entire island by bringing attention to the archaic, and by EU standards, unjust laws. Mind you I don't believe either government cares that much.

Marisa


Joined: 23/04/2009
Posts: 545

Message Posted:
05/06/2010 21:26

We would like to come and support people tomorrow but our car is being repaired .



We live in Karaoglanoglu , behind Bell food store.



If anybody living nearby going tomorrow to Karsyakak and give us a lift ?



My tel is 0533 864 3543 ( Marina)

Brinsley


Joined: 04/04/2009
Posts: 6858

Message Posted:
05/06/2010 21:40

Msg 37

You obviously were not at the Bellapais auction last year! Over a hundred 'protesters' turned out and managed to scupper the whole proceedings! Don't talk tosh!



Richard

Bradus


Joined: 25/02/2007
Posts: 2641

Message Posted:
05/06/2010 21:44

Yet with some initiative and the right person taking control, things could be sorted, as the following demonstrates.



Angeles Munoz, the lady Mayor of Marbella, has ministered with charm, honesty and tact to the needs of Marbella since her election a couple of years back. A tireless campaigner for those potentially affected by finding their property is outside the legalisation of the previous doubtfully licensed properties.Around 18,000 homes have been “legalised” which mops up all but around 500 properties that remain outside the new plan - the Courts will be kept busy whilst the owners of these properties – mostly bought in good faith – seek to protect their interests which already have Ms. Munoz’s support.



Certainty and reliability, the Mother and Father of confidence has to the greatest extent been restored and perhaps we can now say with more than a little justification that Marbella now really is the safest place in Spain to buy.

BillyB


Joined: 19/05/2008
Posts: 436

Message Posted:
05/06/2010 21:50

Brinsley, I was referring to the lack of turn out from the lawyers, developers, estate agents and heads of contractors union, bar assoc, estate agents who did not turn out at the bellapais auction (not the protestors who did turn out, myself included)



You would have thought if they wish to make changes then these are the people who need to put pressure on the government.

malsancak


Joined: 23/08/2009
Posts: 2874

Message Posted:
05/06/2010 22:23

BillyB, "You would have thought if they wish to make changes then these are the people who need to put pressure on the government"

You would wouldn't you, or to reverse it you would have thought that if they didn't want to make changes then they would do nothing. Let's see what they do tomorrow.

Brinsley


Joined: 04/04/2009
Posts: 6858

Message Posted:
05/06/2010 22:43

BillyB

Apologies, I was the one that opened the bidding at £10 and when countered, I ended up at 25 Euros as the last and final bid! Remember?!



Richard

joandjelly


Joined: 24/02/2008
Posts: 2953

Message Posted:
05/06/2010 22:45

Pauline is being interviewed on GAK TV (Kanal T) right now. She has just begged the President to help us. Let's hope he listens to her plea and can do something.

malsancak


Joined: 23/08/2009
Posts: 2874

Message Posted:
05/06/2010 23:27

well if he doesn't, a lot of people will know he didn't

rigsby


Joined: 21/09/2007
Posts: 912

Message Posted:
06/06/2010 02:00

That Pauline Read is one feisty lady,Bless her.

Krin52


Joined: 25/08/2008
Posts: 419

Message Posted:
06/06/2010 08:21

Bless her indeed, bless all of the people who have worked so hard to keep this at the top of the new cycle!

Good luck to every one of you, hope there's loads of support shown this morning!

cyprusishome


Joined: 31/03/2007
Posts: 2381

Message Posted:
06/06/2010 08:27

That's all folks.



Time for (none) action down the road.

rigsby


Joined: 21/09/2007
Posts: 912

Message Posted:
06/06/2010 10:21

A little surprised that this is not at the top this morning.

ang1706


Joined: 28/01/2009
Posts: 570

Message Posted:
06/06/2010 10:54

I hope that there is a good turnout today and a message can be sent.

If this was next week I would be there but sadly Im not as still in Beirut.

I hope that the papers all make a good 'SPLASH' and it maybe can filter upwards.



My thoughts are indeed with you all.

malsancak


Joined: 23/08/2009
Posts: 2874

Message Posted:
06/06/2010 10:57

it is at the top

Pipie


Joined: 05/01/2008
Posts: 5499

Message Posted:
06/06/2010 11:03

100% agree with messege 51 .Good luck to you all .

keithcaley



Joined: 13/06/2008
Posts: 2521

Message Posted:
06/06/2010 11:14

There is a good turnout - 200 to 300 I would guess

Rauf Denktas turned up reportedly with a letter from the President requesting that it should go back to court - not sure how accurate that is

Then they announced that there were no bidders present - as yet - but that they had to keep the auction open for two hours until 12 noon

at about 10.55 there was a great uproar and shouts of "Shame!" and apparently some guy had put a bid in - He has been described variously as TURKISH - London Cypriot - CROOK - VAT Fraudster etc by the people around and he was promptly surrounded by police and an angry crowd and had a TV camers stuck in his face

He was eventually escourted to a car and left

I will try to get near the front and find out more...

juliamoons



Joined: 14/05/2009
Posts: 849

Message Posted:
06/06/2010 11:18

When we thought there were no bidders some of us started to move to the Park Cafe but we got word that bidding had started and we all rushed back to the other cafe. There was a lot of booing and shouting SHAME it was awful.

keithcaley



Joined: 13/06/2008
Posts: 2521

Message Posted:
06/06/2010 11:26

Just been for another attempt to find out what happened but there’s just conflicting rumours - did you find out anything Julia?

juliamoons



Joined: 14/05/2009
Posts: 849

Message Posted:
06/06/2010 11:29

Afraid not, but we know bidding was going on, no idea if bid was accepted. Can hear ambulances up and down the main road.

dizzycows


Joined: 12/05/2009
Posts: 2736

Message Posted:
06/06/2010 11:30

Why ever did folks move out of the auction room? whilst your backs are turned off course someone will be ready to strike! .......

elko2



Joined: 24/07/2007
Posts: 4400

Message Posted:
06/06/2010 11:45

All this reminded me of the DOS attacks we had on C44 in the past. People should fill the auction room so that genuine bidders should not find it possible to get in and bid. Why not?

Call it a DOS attack on the auction.

ismet

keithcaley



Joined: 13/06/2008
Posts: 2521

Message Posted:
06/06/2010 11:47

With the crowd here the place is chock-a-block

The square is heaving & it all keeps spilling over and blocking the road

Very exciting but I haven’t a clue what’s going on!

One rumour is that the Bank themselves have put 2 bids in - what the purpose of that would be I just don’t know...

Anyway just another 10 minutes to go!

rigsby


Joined: 21/09/2007
Posts: 912

Message Posted:
06/06/2010 11:59

Keith,Top man,please keep us informed.We have tried calling some people we know who are affected but no reply.

keithcaley



Joined: 13/06/2008
Posts: 2521

Message Posted:
06/06/2010 12:06

Just spoke to Marian Stokes She hasn’t any idea what’s going on either

Anyway it’s gone 12.00 now so preumably that’s it for the day

Sorry it’s all been rumours and confusion - don’t take any of it as Gospel!

nilmoney


Joined: 29/12/2008
Posts: 122

Message Posted:
06/06/2010 12:18

Well done Keith and well done to all who turned to support so sorry we could nor be there.

dizzycows


Joined: 12/05/2009
Posts: 2736

Message Posted:
06/06/2010 12:18

Keith why was all the ambulances going up and down the road? or was this too just all in the moment......

luem1


Joined: 29/07/2009
Posts: 109

Message Posted:
06/06/2010 12:25

The houses were bought by the bank for £900,000.

rigsby


Joined: 21/09/2007
Posts: 912

Message Posted:
06/06/2010 12:32

Now what happens?

teatime


Joined: 20/10/2008
Posts: 852

Message Posted:
06/06/2010 12:40

This bank get's worse................How does this get their loan money back, is it me being thick but this just doesn't make sense?

gotavilla


Joined: 22/04/2009
Posts: 175

Message Posted:
06/06/2010 12:46

Can this be true. Why would the bank buy them when they had a mortgage over them for, I think, £1 million? How many houses are involved here? Have the occupants been put out? This is awful. I can't believe this has happened when so many turned out to try to stop it.

dizzycows


Joined: 12/05/2009
Posts: 2736

Message Posted:
06/06/2010 12:55

Was the builder present? does he live near? could any one move in with him?



Agree with teatime, it will only compound the debts more? ....

Brinsley


Joined: 04/04/2009
Posts: 6858

Message Posted:
06/06/2010 12:56

The only logical thing that springs to mind is that the bank will allow the present residents to live in the homes until they die then the said empty property reverts back to the bank for them to sell, on a hopefully future buoyant property market. The residents then become squatters in their 'own' homes.



Richard

wynyardman



Joined: 15/12/2007
Posts: 4580

Message Posted:
06/06/2010 12:57

teatime,



Speaking as a layman....It appears to me that the bank has just managed to convert an extremely dodgy mortgage at penal

rates of interest, into solid tangible security with clear legal title. No doubt their Auditors will breath a sigh of relief.



The bank should now be judged by what they do with these properties, and how they treat the current incumbents;



This is a black day for The TRNC and democracy.



wynyardman

malsancak


Joined: 23/08/2009
Posts: 2874

Message Posted:
06/06/2010 13:02

must have been fierce bidding to push the price up to £900,000. It was inevitable the bank would buy them in order to avoid someone else buying the site and then evicting the owners. So, who is next? Are you absolutely sure there is not a mortgage on your property?

teatime


Joined: 20/10/2008
Posts: 852

Message Posted:
06/06/2010 13:07

Thanks wynyardman, makes a bit more sense now.

Agree with your last sentence.

barbaros


Joined: 03/06/2009
Posts: 171

Message Posted:
06/06/2010 13:08

The same builder has another site that has been mortgaged. On a site of 7 properties, 4 buyers have paid an extra £12000.00 each to clear the mortgage off their individual properties.



They have now found out that there is no planning permission.



Shame on the builder. As someone said earlier how many more are in the same position.



Mrs B

girne 29


Joined: 06/12/2007
Posts: 1488

Message Posted:
06/06/2010 13:12

If anyone buys here now then they are either very rich and can afford to gamble on being conned, or 'chose' not to know. Either way ,no sympathy later on.

malsancak


Joined: 23/08/2009
Posts: 2874

Message Posted:
06/06/2010 13:21

NCFP now has a Poll to see how many other North Cyprus property owners are in this situation, or perhaps haven't a clue. Bet the Greek Cypriots will be back on NCFP again, laughing at the expats. They went very quiet after the ECHR's decision to allow Turkey's IPC to settle property claims here.



http://www.northcyprusfreepress.com/2010/06/06/poll-do-you-know-if-your-north-cyprus-property-is-mortgaged-to-a-bank/

rowan


Joined: 04/09/2008
Posts: 450

Message Posted:
06/06/2010 13:22

after the london cypriot man withdrew his bud, there was only one more bid and that was from the bank.



The ambulance was there because one poor man, a cypriot whose house was involved, collapsed and had to be taken to hospital. he has a known heart condition.



I thought the support today was wonderful.not just from Brits but also from the large number of cypriot people who also attended.



This was a very sad and stressful day, and hope the people who made the decision to have this auction can sleep easy in their beds.

elko2



Joined: 24/07/2007
Posts: 4400

Message Posted:
06/06/2010 13:29

The bank is allowed to buy it so as to prevent it going at under value but it has to sell it off within a year, this is mandatory. Of course it can change hands fradulently to make it suit the law but who is going to handle such a hot potatoe?

ismet

gotavilla


Joined: 22/04/2009
Posts: 175

Message Posted:
06/06/2010 13:34

Somebody will handle the hot potato. I don't doubt that. So many things we think people wouldn't dare to do actually get done is this country. I feel so sad about what this government is allowing to go on. If they want this country to prosper they must do something to protect ex-pat homebuyers, without whom the economy would collapse overnight.

malsancak


Joined: 23/08/2009
Posts: 2874

Message Posted:
06/06/2010 13:35

Sorry for those who voted before, the poll has been changed a little. If you haven't any title deeds then there exists an owner who could still mortgage your property to the banks:

New Poll at http://www.northcyprusfreepress.com/2010/06/06/new-poll-is-your-north-cyprus-property-mortgage-free/

wynyardman



Joined: 15/12/2007
Posts: 4580

Message Posted:
06/06/2010 13:41

malsancak,



Re your poll. Given that "memorandums" are the current flavour of the month, in The TRNC way to deprive people of their legitimately paid for properties, should these not be included in your poll?



wynyardman

cyprusishome


Joined: 31/03/2007
Posts: 2381

Message Posted:
06/06/2010 13:45

Just had a cuppa after a busy morning.



The thing with the two bids is that the lot was somehow split in to two and obviosuly bid for both of them.



A good turnout but still not good enough in the eyes of many as a lot of people there did not have problems and were out to support. My opinion and I will stand by it as there are at least 100 more sites who will now come under the hammer with a probable success. They must be stopped.



A shame the Fuat Namsoy went against his word to turn up. The fact so many Cypriots did turn out and saw that will actually go against him in the elections.



Three cheers for Mr Denktas, he got a rousing welcome from everybody shame that as soon as he left and...



Note by Moderator: the information about the first bidder has been proven to be wrong. "Ali Safer" was not present and did not take part in the bidding.



Also the reference to the aforementioned person has been deleted.

AJ

cyprusishome


Joined: 31/03/2007
Posts: 2381

Message Posted:
06/06/2010 13:47

against his request the auction wnt ahead.



99% of Cypriots think MR Denktas is a hero, thos at the bank obviously have no regard for him.

Tasgirl


Joined: 31/12/2008
Posts: 100

Message Posted:
06/06/2010 13:55

Can the houses be blown up ? knocked down ? or polluted to make them uninhabitable before the owners leave. Is the mortgage on the land? or also on the buildings and on the fixtures and fittings

gotavilla


Joined: 22/04/2009
Posts: 175

Message Posted:
06/06/2010 14:06

And what about the bloke who borrowed the money from the bank in the first place? Can he be blown up?

fiendishpaul


Joined: 18/05/2008
Posts: 1720

Message Posted:
06/06/2010 14:09

Deleted as per forum rules.

Brinsley


Joined: 04/04/2009
Posts: 6858

Message Posted:
06/06/2010 14:18

I just heard it was not an auction but sale by tender ie sealed envelope bids.



Richard

TopTen


Joined: 15/04/2009
Posts: 1246

Message Posted:
06/06/2010 14:19

99% of expats think Mr Denktas is a hero, what a wonderful man

cyprusishome


Joined: 31/03/2007
Posts: 2381

Message Posted:
06/06/2010 14:24

msg 85



the builder borrowed the money and absconded to Turkey. Easy enough to get him back but seems the bank cannot be bothered the Brits are easy pickings.



He gave 2 houses to brothers on the same site, who are also now going to be home less. Some of those families were there today and are totally distraught, not so much by their plight but the distrees caused to everyone involved.



It must be emphasised, I am as guilty at times, these builders, banks etc are not just screwing foriegners but there own people as well. That is why there was a sizeable number of TC and Turks there today.

malsancak


Joined: 23/08/2009
Posts: 2874

Message Posted:
06/06/2010 14:35

wynyardman, "Given that "memorandums" are the current flavour of the month... should these not be included in your poll? "

added an additional comment section to the poll rather than redo it again!

puppylover



Joined: 05/05/2008
Posts: 1427

Message Posted:
06/06/2010 14:35

Hubby and I attended and stayed from start to finish.

Although it was a very good turn out, like Cyprusishome I feel that more people could/should have attended.



I am sure there are other's like us who have been very lucky to not be affected by the many problem's that so many have/are having, but morally everyone needs to support those less fortunate.



Geoff and Mary Day as well as Bob Chittock attended even though they have and are still suffering their own enormous problems...well done to them.



I am led to believe that the ambulance was called for the a relative of the builder who has a property affected.

She was very tearful throughout and was overcome by all the support and collapsed.

malsancak


Joined: 23/08/2009
Posts: 2874

Message Posted:
06/06/2010 14:39

sale by tender! If that was so why weren't we told? Surely that makes the auction null and void. If it was an auction and poor old Ali safer wasn't able to bid surely that also makes the auction invalid.

Be prepared for a lot more rumours

wynyardman



Joined: 15/12/2007
Posts: 4580

Message Posted:
06/06/2010 14:49

malsancak,



Well done. You are doing excellent work. What is really needed is a forensic analysis of the banks loan book. If I were a shareholder I would certainly want to know what my funds were supporting.



Who are the banks auditors?



Perhaps this would clear up any uncertantity as to the viability of this outfit.

McSteviet



Joined: 11/05/2007
Posts: 1089

Message Posted:
06/06/2010 14:52

Judy,



Did you see Bridget & Judith there?

malsancak


Joined: 23/08/2009
Posts: 2874

Message Posted:
06/06/2010 14:57

Akfinans just paid themselves £900,000 according to the RUMOURS. Plus they've got £900,000 worth of property - not bad for a reputed 100,000TL original loan. I see shark fins in the muddied property water

puppylover



Joined: 05/05/2008
Posts: 1427

Message Posted:
06/06/2010 15:12

Steve

Msg 94



Yes!

Teresa


Joined: 21/11/2007
Posts: 1018

Message Posted:
06/06/2010 15:49

The ambulance was called for Osman, who is the brother in law of the land owner and lives in one of the houses. He has a heart problem and when the first bidder came forward it all got too much for him and he collapsed. He is now home from the hospital and like the rest of the people living on that estate is waiting to see what will happen next.

Lilli



Joined: 21/07/2008
Posts: 13081

Message Posted:
06/06/2010 16:05

was it the same bank as i heard it was a different one. it beggars beleif that this government were powerless to this legalised conm my heart bleeds for these poor people with an uncertain future. wewll done too all who gave support x

rocking


Joined: 05/11/2008
Posts: 421

Message Posted:
06/06/2010 16:07

Message 82 Fuat Namsoy was there. I thought more people would have shown up to give support. Hope everybody with any money in Akfinance bank withdraws it. This bank is a Cypriot bank and owned by the Adam Kaner family, so when you come through the airport please do not buy anything from them at duty free.

malsancak


Joined: 23/08/2009
Posts: 2874

Message Posted:
06/06/2010 16:11

be careful, it is illegal to criticise a bank to the point that what you say might cause them serious financial problems. I would not suggest that anyone closes their Akfinans bank accounts or not use their money exchanges. I also do not believe they are currently in financial difficulties. However, all people who choose their investments on the basis of the ETHICAL policies of a financial institution might want to review their investments on the basis of any new evidence that might have come to light recently, BP shares in the light of the oil leak, of course.

Kaner Duty Free, perhaps they are not the cheapest of the shops at Ercan. If that was so, not being CHEAPER, then that would be an obvious reason to not use them. Nothing to do with this thread, of course.

malsancak


Joined: 23/08/2009
Posts: 2874

Message Posted:
06/06/2010 16:19

"As soon as Mr. Denktas left the cockroaches crept out of the woodwork. One man made a bid and had to be escorted by police to the exit – unfortunately at that point I lost it big time. I elbowed my way through a large crowd, through the police and confronted the bidder, I shouted at him ‘you are buying our homes, look at my face, look at my face, see what you are doing to us, I was crying. He said, you dont understand I am trying to help you so i said if that were true then he was a saint and I kissed him on each cheek. Did I believe him, no but this was being recorded by the TV cameras. Watch the local evening news.

BAD NEWS – AKFINANS BANK LIMITED BOUGHT THE LAND AND VILLAS ON BOTH KOCANS. God help us all

Full story to follow."

Pauline Read

http://www.northcyprusfreepress.com/2010/06/06/today-is-the-auction-of-sold-properties-mortgaged-by-akfinans-bank/#comment-7321

cyprusishome


Joined: 31/03/2007
Posts: 2381

Message Posted:
06/06/2010 16:25

RE above about if it was an auction?



It was an auction and all bids were on open view on the table in front of the "auctioneer". Who by the way did not appear a happy man as this is the second auction I have seen him attend in front of an aggressive audience.



The official from Akfinans who placed the bid was surrounded after he placed the bid and had to be escorted away by police. I am sure Nigel will post his photo somewhere eventually. He was identified as the manager of the Girne branch of the bank.



Well put malsancak, msg 100, some people in finacial circles are very handy at using their "power" to deal with events. Especially in attacking innocent and defenceless individuals.



One thing for sure, this story is not going away, the residents will not give in and now they know they have full support of ALL the people of TRNC other than certain individuals of course!

hattikins


Joined: 17/02/2008
Posts: 2793

Message Posted:
06/06/2010 17:07

Looks like that is the final nail in the coffin for the property sector in TRNC. It is an absolute disgrace and all involved should hang their heads in shame.

Well done Mr. Denktas, what a pity that Dr Eroglu didn't see fit to try to intervene or that Fuat Namsoy didn't try using his influence.



Shame, Shame, Shame !!!

nilmoney


Joined: 29/12/2008
Posts: 122

Message Posted:
06/06/2010 17:13

Reference msg102



Was a photo taken of this dubious character lets see what these people look like.

malsancak


Joined: 23/08/2009
Posts: 2874

Message Posted:
06/06/2010 17:17

"This is what happened at Akfinans Bank North Cyprus auction" by Pauline Read at

http://www.northcyprusfreepress.com/2010/06/06/this-is-what-happened-at-akfinans-bank-north-cyprus-auction/

Lambousa Gordon


Joined: 03/11/2007
Posts: 1992

Message Posted:
06/06/2010 17:27

Deleted as per forum rules.

wynyardman



Joined: 15/12/2007
Posts: 4580

Message Posted:
06/06/2010 17:31

The TRNC Government should demsnd a full INDEPENDANT forensic analysis of this banks loan book!



wynyardman

cyprusishome


Joined: 31/03/2007
Posts: 2381

Message Posted:
06/06/2010 17:54

lambousa gordon,



when you are told by a home buyer of his what do we do, that was a fact from somebody I actaually know.



We are not mud slinging, we want the truth and you as a businessman should be more aware than most what damage to your business all of this c*** from Cypriots, not foreigners is going to do to you.



We are accused in the press, on these forums in the streets that we as foreigners are destroyiing "YOUR" country. We are doing no such thing. It is the so called business men of North Cyprus that are doing an excellent job without us even trying.



I know you were there this morning but if you have any regard from your country, do not come on here to tell us what to do, YOU GO OUT AND SAVE YOUR COUNTRY BEFORE IT DIES TOTALLY.

joandjelly


Joined: 24/02/2008
Posts: 2953

Message Posted:
06/06/2010 18:10

Messages 82 and 86 - please don't name anybody unless you are absolutely 100% sure of the facts and not just what someone told you (who could have ulterior motives for getting something like this published).

I have been told the identity of the bidder but until I now for sure I will not post it here.

There doesn't appear to be any moderators online but we need to get these messages amended.

wynyardman



Joined: 15/12/2007
Posts: 4580

Message Posted:
06/06/2010 18:23

Msg 100.



Malsancak, I take note of your comments.



I am British, and no one, I stress no one, is going to take my freedom of speech and stop me from telling the truth.



Bugger Akfinans Bank and its opressive antics. IT is their actions which is causing damage to the bank, not ours.



I would just like to commend cyprusishome and his wife Christene for their sterling efforts in defending the rights of these poor



people. They lead a noble , honest and sincere campaign. I hope that the integrity that they showed in their campaigning



will now be reflected in the banks magnanimous attitude to the encumbents of the houses, to which they now have clear title.



This has been a dark day for democracy for residents of The TRNC.



wynyardman

Lambousa Gordon


Joined: 03/11/2007
Posts: 1992

Message Posted:
06/06/2010 18:35

David,



My support for you is based on the unfairness that has been visited upon you. You have no need to justify your cause to me. Too, I am extremely aware of how this reflects upon the TRNC and our failure - despite so many people's most strenuous efforts - to rectify these awful iniquities.



However, because today's events and atmosphere make it so evident that anyone bidding for your homes is going to be viewed by the entire ex-pat and a large proportion of the Cypriot communities in the most negative light imaginable then I most certainly will "come on here" and tell you when you have labelled the WRONG MAN as one of those who has attempted to profit from your misery.



(By the way - Fuat Namsoy was there)

kibrissibel


Joined: 18/02/2008
Posts: 562

Message Posted:
06/06/2010 18:48

Deleted as per forum rules.

malsancak


Joined: 23/08/2009
Posts: 2874

Message Posted:
06/06/2010 19:14

I agree Gordon, the supporters of those whose properties Akfinans' auctioned may too come under as much scrutiny as the bank and if we look to be unfair we too make ourselves open to justifiable criticism. Don't let this thread turn into one like the plainly (pun intended) daft "Turkish F16s are landing in Ercan" thread

girne 29


Joined: 06/12/2007
Posts: 1488

Message Posted:
06/06/2010 19:26

lilli message 98.

"it beggars beleif that this government were powerless to this legalised con"

Sorry, the Govt are not powerless. When it came to altering the goal posts on such things as KDV property valuations,amounts allowed across the border etc, or any other thing when it comes to gaining revenue,.they seemed in the past to manage quite quickly to bring in changes.



The message that goes out ,is that there is nothing in law to prevent a purchaser at any time losing his property, up until he gets his Kocan.Again the problem in NC is not the frauds, which can happen elsewhere, its that ,almost uniquely,its not illegal.Nothing can be done until the Govt brings in protections.



The only solution is for people to pay a small deposit and nothing else till you have Kocan,but after hearing about this ,for most ,it wont even come to that.

mrperfect


Joined: 18/01/2010
Posts: 400

Message Posted:
06/06/2010 19:28

'peace at home; peace in the world' ??????.

cyprusishome


Joined: 31/03/2007
Posts: 2381

Message Posted:
06/06/2010 19:35

Point taken, I was given duff info from some one I trusted, I have already admitted that. However by continually labouring the point the issue is not being helped.



I try my best to keep the right info going and one small slip and a string. Personally I am tired as are half dozen others of trying to fight this and all the other injustices, including our own, our builder had the nerve to be there this morning and it was hard not to nail him.



I hope you will all now turn out on Wednesday at Girne Court at 10am to keep the pressure on the powers that be supporting Geoff & mary, who were there all morning today.





MOVE ON!

cyprusishome


Joined: 31/03/2007
Posts: 2381

Message Posted:
06/06/2010 19:53

If someone wants to identify the person who made the first bid go here - http://tinyurl.com/36n3vzg



He is on picture number 2

rocking


Joined: 05/11/2008
Posts: 421

Message Posted:
06/06/2010 19:55

Deleted as per forum rules.

fiendishpaul


Joined: 18/05/2008
Posts: 1720

Message Posted:
06/06/2010 20:07

Deleted as per forum rules.

rowan


Joined: 04/09/2008
Posts: 450

Message Posted:
06/06/2010 21:15

the photo shown on the link of the man with the hat is def the man who made the first bid.

cyprusishome


Joined: 31/03/2007
Posts: 2381

Message Posted:
06/06/2010 21:29

We know that and he signed his name on the sheet as Mehmet Kader. There is a photo of the bidding sheet on another forum but have lost the link.

joandjelly


Joined: 24/02/2008
Posts: 2953

Message Posted:
06/06/2010 21:34

David he did not actually make a bid. He enquired and then withdrew after the reaction he got. Mehmet Kader is from the bank.

dizzycows


Joined: 12/05/2009
Posts: 2736

Message Posted:
06/06/2010 21:34

Its on Niges site, .....

nilmoney


Joined: 29/12/2008
Posts: 122

Message Posted:
06/06/2010 22:32

can you advise niges site address

Lilli



Joined: 21/07/2008
Posts: 13081

Message Posted:
07/06/2010 00:30

THIS MAKES GARY ROBB sorry caps on look like a saint x

porty


Joined: 06/06/2010
Posts: 1

Message Posted:
07/06/2010 06:16

Picture number 2 is a local builder office opposite ship hotel

juliamoons



Joined: 14/05/2009
Posts: 849

Message Posted:
07/06/2010 09:06

A rousing cheer went up when Rauf Denktaş arrıved. http://www.youtube.com/watch?v=XxxAS7JQpoo

settledhere


Joined: 29/01/2008
Posts: 245

Message Posted:
07/06/2010 09:21

Deleted as per forum rules.

graycoul


Joined: 23/04/2009
Posts: 493

Message Posted:
07/06/2010 09:43

the expats here seem to get treated really badly by this corrupt goverment they was quite happy to give gary robb his kimlik all take brown envelopes off him take his moneyfrom him then get rid of him with no plan to help his buyers.

now they dont want to help even after getting his signture as they requested.



they was late acting on the orams case, now this

about time we all stood together, there nothing like a good demo on the parliment so they take notice we wont take anymore of this treatment by them and there usless courts there economy would be nowhere without us expats here

Jovial_John


Joined: 31/01/2009
Posts: 1024

Message Posted:
07/06/2010 11:25

I can confirm that the picture is of Mr. Ben.

Quite apart from whether or not he can sell his own properties, I have always been told that Mr. Ben is a straight guy - indeed I have read much praise about him in the past on this site. So I too would be surprised if he was trying to buy the properties. Pauline Read reports that when she challenged him he said that he was trying to help - that my well have been true.



Graycoul - brave words but any demonstration by non-citizens is illegal and were you to do so you would find out much more about the courts, and probably the prisons.

Mandy


Joined: 25/10/2009
Posts: 48

Message Posted:
07/06/2010 11:41

It would be interesting if someone could ask Mr Ben what his intentions were.



If he was trying to help by bidding, how did he think that would help.



If he was trying to buy cheap property, that would be a different story.......

malsancak


Joined: 23/08/2009
Posts: 2874

Message Posted:
07/06/2010 11:42

let us also remember what Rauf Denktaş allegedly said, registering contracts would prevent another Kulaksiz 5 from happening now. To demonstrate against a practice that has now been prevented would not make sense. For me the focus is on the intent of Akfinans Bank when they placed an astronomically high interest rate, approximately 1000%pa, on the Kulaksiz 5 loan and the intent when the borrower allegedly made no repayments.

sloan



Joined: 24/02/2009
Posts: 808

Message Posted:
07/06/2010 11:55

It was wonderful that Mr Denktaş turned up and we were all bouyed up by his words of wisdom. Would it have been a different outcome, I wonder, if he were able to stay until 12 o'clock?

simbas



Joined: 16/07/2007
Posts: 5943

Message Posted:
07/06/2010 13:09

This Topic has caused a great deal of unnecessary distress to Mr Safa so iam closing it . Perhaps in future people will do their research before actually mentioning any names . A public apology to this gentleman is in order .

Simbas

simbas



Joined: 16/07/2007
Posts: 5943

Message Posted:
07/06/2010 13:09

This thread is now closed. Reason: Not specified.