Check your insulation Cyprus home buyers warned

[Mindy]

This is something you may be wouldnt expect, however I had first hand experience of this we bought a [B][I]new home [/I][/B]from a [B][I]property investor [/I][/B]who had only lived in it for a few months. We noticed that our bedroom was a lot cooler than the rest of the house and when we checked there was no roof insulation in that part of the house.

In Cyprus this has become a bit of a scam ,THE Cyprus Green Party General Secretary, George Perdikis, yesterday claimed [B][I]Cyprus properties [/I][/B]were being sold under the pretext of being insulated, when they in fact weren’t.

He claimed that financial interests were hidden behind a recent alteration of regulations for house insulations.

“Following the intervention of higher interests, the laws on insulation have been altered in a way that affects the quality of the insulation, resulting in us not having insulated homes so that certain people can profiteer at our expense,” said Perdikis after yesterday’s House Commerce Committee meeting.

According to data from last year, said Perdikis, correct insulation could offer each home a €1,500 profit every year.

He concluded, “Hiding behind all this is the fact that certain financial sectors of the market intervened to make insulation regulations less strict.”