Wednesday, April 23, 2008
No Title Deeds no loan says the NBD. Well, this is a running saga, the Title Deeds are held up pending a decision on paying the Alien's Landholding Licence which wasn't applicable to us as our plot of land is smaller than 1 acre. The law changed somewhere along the line so we're in limbo land with it waiting on a decision as to whether the fee should be applied retrospectively. Until this decision is made the Title Deeds document cannot be issued. In the meantime I see that none of the real estate agents have changed their criteria for this fee being payable. I wonder who does know the answer. It's a mystery.