At the same time, it was approved by a majority to also receive the applicant's objection for the purposes of participating in the "Rent for Installment" Plan
The Plenary of the Parliament approved a law that allows the suspension of the home sale process by applying to the "Rent Against Installment" plan, but also by submitting an objection to participate in the specific plan.
The law was approved following a proposal by AKEL deputies, based on which the submission of an application to the "Rent Against Installment" plan is an additional reason for filing an appeal in a provincial court by a mortgage debtor, as well as by any interested party for setting aside the intended sale of a mortgaged property , in compliance with the provisions and time limits provided for in the basic law.
At the same time, an amendment was approved by a majority with 21 votes in favor and 18 against, an amendment submitted by the MP of the Environmental Movement – Citizens' Cooperation Stavros Papadouris, so that for the purposes of suspending the sale process, the objection of the applicant for the purposes of his participation in the "Rent for Installment" Scheme ».
In his statement, AKEL Member of Parliament Andreas Pasiourtidis stated that the specific law proposal legally enshrines the right of the applicants to suspend the auction of the main residence and expressed his satisfaction that all the parties involved agreed with it. He also stated that they will vote in favor of the Papadouris amendment, since it extends this suspension also during the appeal.
MP Stavros Papadouris stated that he tabled the amendment based on the experience of the Home Plan and all the procedures that existed for application and objection issues, where despite the commitments that the procedures would not proceed, some of them proceeded.
DIKO MP Chrysis Pantelidis said that DIKO is in favor of AKEL's proposal, praising the party for the initiative. He also praised the Ministry of Finance, the Central Bank, KEDIPES and all the political parties that in a few days helped to reach the conclusion of the text of the law.
He spoke about another piece of legislation on Non-Performing Loans (NPL) and sales that meets the constructive attitude of the Government.
At the same time, he said that they are voting against the Papadouris amendment, since there were assurances from the authorities that the proposed law also covers the cases of objection, since every application remains pending until it becomes effective.
ELAM MP Sotiris Ioannou spoke in favor of the proposed law and the amendment. He said that it is perfectly reasonable not to proceed with the sale while the application is pending, while regarding the objection he said that in the "Hestia Plan" there were many cases where the sale proceeded amid objection. At the same time, he expressed concern about the criteria for inclusion in the "Rent for Installment" plan, which he characterized as very limited.
EDEK Member of Parliament Ilias Myrianthous was both in favor of the proposed law, which as he said comes to correct weaknesses of the Plan, and in favor of the Papadouris amendment, stating that although it appears as redundancy, it will not differentiate anything for the implementation of the Plan, on the contrary, he clarifies problems that may have had a different understanding.
At the same time, he expressed satisfaction for the approximately 600 applications that have already been made for the Plan to date, and invited those who are covered to apply immediately. At the same time, he said that the Government should then see other requests for inclusion in the Plan.
The MP of DIPA – Cooperation, Alekos Tryfonidis, agreed with the proposal and the amendment. At the same time, he said that there were several distortions in the "Rent vs. Installment" Scheme regarding citizens with low incomes who for various reasons cannot apply and the issue must be discussed so that these can be corrected.
DISY MP Savvia Orfanidou noted that the Plan was initiated by the previous administration. In this particular case, he said, they agree to make improvements, as long as the competent bodies such as the Ministry of Finance and the Central Bank are also in favor. Regarding the amendment, Papadouri said that they do not support it after they were assured that there is no reason for it.
The deputy of DIKO Zacharias Koulias referred to issues that do not allow inclusion in the "Rent for Installment" Plan, such as the issue of co-ownership and the non-existence of a separate title, which must be examined.
AKEL Member of Parliament Aristos Damianou said that the "Rent for Payment" plan is a government bill and what the Parliament does is not to legislate. He added that if the MPs from the co-ruling parties can bring about improvements, they should do so.
Taking the floor again, Mr. Papadouris stated that the assurances given on the subject of the objection were not clear and the question of where such a thing is provided for was not answered and for this reason his amendment is deemed necessary.
Mr. Pantelidis said that this is an explicit position of the assistant Financial Commissioner and that there is also case law on the issue.
Mr. Papadouris said that the effort is to avoid putting people through unnecessary procedures.