What is property fraud and how can you protect against it?

What is property fraud and how can you protect against it?

Property fraud is where fraudsters steal your identity and sell or mortgage your property by pretending to be you. But there are steps you can take to help protect yourself...

Who’s most at risk of property fraud?

You’re more at risk if:

  • Your identity has been stolen
  • Your property is rented
  • Your property is unoccupied
  • Your property is mortgage-free
  • Your property isn’t registered with the Land Registry (If you bought or mortgaged your property since 1998, it will be registered)

How you can protect yourself against property fraud

  • Register your property with the Land Registry. That way, you may be entitled to compensation if you’re a victim of property fraud and suffer financial loss
  • Put a restriction on your title. This stops all activity on your property, like transfers or mortgages, until a solicitor or conveyancer confirms that it was you who made the application
  • Sign up to the Land Registry’s Property Alert service
  • Make sure the Land Registry has your most up-to-date contact details so they can alert you quickly and easily

Sources: Land Registry and Gov.uk

Need advice? We can help you

Please call Julia Madden on 01482 324252.

Or email jm@gosschalks.co.uk.

You can find out more about our Residential Conveyancing service here.

Return to the insights archive »

The content on our site is provided for general information only. It is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.

Although we make reasonable efforts to update the information on our site, we make no representations, warranties or guarantees, whether express or implied, that the content on our site is accurate, complete or up-to-date.

Click here to view our Terms of Use