Protecting yourself from property fraud

Property fraud is where fraudsters try to “steal” your property, most commonly by pretending to be you and selling or mortgaging your property without your knowledge. This is such a nightmare scenario as your property is your most valuable asset, which is why fraudsters target it.Properties that are more vulnerable to fraud are: Mortgage free properties Tenanted properties Empty properties If the owner lives overseas Where the owner has died and the property is held in trust Fraudster’s can attempt to acquire ownership by stealing an owner’s identity by using a forged document or impersonating the registered owner. Once they have raised money by mortgaging the property without the owner’s knowledge, they disappear without making repayments leaving the owner to deal with the consequences.You should register your property with the Land Registry if it isn’t already.  If you bought or remortgaged your property after 1998 then it should be registered,...
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