Property Fraud
The Land Registry provides a record of property ownership in England and Wales. The name of the legal owner of a property can be found on the Proprietorship Register of the Land Registry’s Official Copies.
Property fraud is when criminals target a property, effectively taking the legal title to it, pretending to be you, and then selling or mortgaging it.
There are three main types of property fraud:
- Property investment fraud is when you are lured into investing in a property development scam;
- Title fraud is where a criminal steals a property owner’s identity and changes the property title from the owner’s name to theirs. They may use a Land Registry application to do this by registering a forged transfer or mortgage (also known as registration fraud);
- Mortgage fraud happens when criminals exploit a financial institution or private lender through the mortgage process, often misrepresenting information to obtain a larger mortgage loan.
You’re more at risk of property fraud if:
- your identity’s been stolen;
- you rent out your property;
- you live overseas;
- the property is empty;
- the property is not mortgaged;
- the property is not registered at HM Land Registry.
I am a Partner at Naylor Solicitors, a law firm specialising in property disputes and resolution. I would be delighted to assist with any queries you may have. Please get in touch to arrange a no obligation consultation.
James Naylor
Partner