As anywhere else you live in the world you have to accept the rules in the country where you in fact are a guest. If anyone a UK citizen should know how it works. I am 100 % sure that you would not agree to change 1 of your stupid UK laws because a group of Cypriots told you that the system is stupid.
I agree with you that the Title Deed and mortgage system is not good and have to be changed
And if I was to hand over that sum of money I would be 100% sure how it will work. If I dont find that out, and its well known, then I have my self to blaim in a way.
And ofc there is crooked people in this business as in any other business, but that is a worldwide phenomena. Believe me I have seen much worse examples during the last 25 years of living abroad. Spain, Greece, The Canary Islands are all good examples of the problem. In fact, one of the biggest svindlers were from UK, John Palmer
The way to not get problems is to prepare yourself. Read, listen to them who has done this before, take references etc. This forum is a good example of where you can get good information
We will soon buy a house in Cyprus. I am not at all afraid getting scammed because I know I have made my homework. It has taken time but it will be worth every cent. Now I just look forward to soon be able to make the last move in my life and start to enjoy the Cyprus way of life
If you have had a bad experience I feel sorry for you as for all others that have problems.
But again, never forget you come as a guest to another culture, a culture that have goods and bads. If you cant accept that and adjust to it then you are in the wrong place
I have learned the hard way buying without title deeds this is why I am offering my experience to anyone and everyone in saying do not buy in Cyprus at any cost with out title deeds including a property with AX Numbers. ONLY BUY A PROPERTY WITH TITLE DEEDS! Lots of my neighbours in Cyprus would say the same thing. I am not naive to think there are are not other countries that have other problems with buying and selling and of coarse you should do your research before buying. I actually did quite a lot of research and did several visits to the island before committing. I just never realised how bad and how corrupt the government was until years down the line.
The swindlers issue I also agree with and is completely unacceptable in any country. I have seen the holiday homes from hell programme and feel so sorry for that people. I have see the holiday homes from hell show in the UK aswell. The good thing is at least the UK has NHBC which holds builders accountable and the owners know that any major structural issues will be fixed by the builder and if not then buy the NHBC for up to 10 years. Not too mention you get your keys and title deed in your hand when you buy in the UK. As for having to adjust to the Cyprus system, I agree every country has there own culture which is fair enough but I do not and never will agree on the title deeds issue in Cyprus it is completely wrong and corrupt. The simple line is if ANYONE is buying and handing over large amounts of money and life savings then in return they should be receiving there title deeds and keys in there hand on the same day. For all the sins that the UK has and I have bought, sold and rented out property in Scotland at least you get your keys and title deeds in your hands when you hand over your money.