20-year-old property and still no title deeds

I recently purchased a property in Pissouri, with completion on New Year’s Eve.

The property will be 20 years old this year, but still does not have title deeds. I am reliably informed by my neighbours that this is simply due to

the developers not issuing them. My questions to you are threefold:

Firstly, in what way does this developer benefit by holding on to the title deeds for so many years?

Secondly, do they not realise that by doing so, they are stifling an already-depressed property market, which I would assume is where they make their profits?

Thirdly, why does the government allow this situation to continue? Any feedback very much appreciated.

Stan Bateman

Pissouri

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