Since 2009, HM Land Registry has prevented 254 fraudulent applications being registered, representing properties valued in excess of £117 million.
There are many different kinds of Property Fraud and it is important that you understand some of the risks in order to avoid becoming a victim.
- Imposters can obtain forged documents and pretend to be you - the property owner. They then raise money by applying for a mortgage in your name and disappear, leaving you with repayment obligations for a loan which you didn’t take out.
- Fraudsters can also transfer the ownership of your property into their name, sell the property and disappear with the money. Sadly, the arrival of a removal van can be the first sign that a crime has been committed.
- Tenants of rental properties have also been known to transfer their landlord’s property into their name and sell it fraudulently.
Appoint us to act on your behalf and register an anti-fraud restriction against the title to your property at the Land Registry. This restriction will prevent any sale or mortgage of the property taking place unless a qualified conveyancer or solicitor certifies that the transaction was authorised by you. A small one off payment of in respect of our legal costs is a small price to pay for peace of mind and could end up saving you thousands of pounds.
We also recommend watching the short video below produced by the Land Registry.
For a free initial no obligation 30 minute consultation please call 01928 735 333 or email firstname.lastname@example.org