![Kedipes targets 2,000 mortgage-to-rent applications by 2025](https://cyprus-mail.com/wp-content/uploads/2023/07/housing-loan-banks-borrowers-syprodat-estia-oikia-lending-loans-2-euro-960x639-1.jpg)
State-owned asset management company Kedipes this week provided updates on the implementation of the mortgage-to-rent scheme, revealing that approximately 25 rental agreements have been signed.
In addition, the company said that approximately 100 applications have been approved to date.
According to Kedipes chairman Lambros Papadopoulos, who spoke on state radio, the organisation has acquired five properties under the scheme.
Papadopoulos attributed the limited number of completed property transfers to delays