http://www.propertyinvesting.co.uk/2009/mortgage-fraud-cases-already-exceeding-2008/ Property investing Wed, 25 Aug 2010 07:25:19 +0100 http://wordpress.org/?v=2.9.2 hourly 1 http://www.propertyinvesting.co.uk/2009/mortgage-fraud-cases-already-exceeding-2008/comment-page-1/#comment-1143 Simon Seaton Wed, 09 Dec 2009 20:06:53 +0000 http://www.propertyinvesting.co.uk/?p=214#comment-1143 It's not just mortgage fraud that is on the increase but also property fraud. If you want to protect your property against property fraud then there a number of actions you can take which may help. 1. If your property is unregistered then it is would wise to arrange for a conveyancing solicitor to register the property at the Land Registry as the deeds of your property would electronically stored with Land Registry. 2. A property owner could certainly consider adding a standard form restriction on their title register, particularly where their property is not subject to a mortgage (the existence of a mortgage and the usual accompanying restriction hopefully reduces the risk of fraud involving a mortgaged property). The aim of the restriction would be to prevent the Land Registry from registering a transfer of the property without a solicitor certifying that, for example, the transferor is indeed the registered proprietor. 3. If you are concerned that you are, or may become, the victim of property fraud, consider property fraud prevention by having more than one address for service. For example, you might want to have not just the property address, but also the address that you are now living at. It’s not just mortgage fraud that is on the increase but also property fraud. If you want to protect your property against property fraud then there a number of actions you can take which may help. 1. If your property is unregistered then it is would wise to arrange for a conveyancing solicitor to register the property at the Land Registry as the deeds of your property would electronically stored with Land Registry. 2. A property owner could certainly consider adding a standard form restriction on their title register, particularly where their property is not subject to a mortgage (the existence of a mortgage and the usual accompanying restriction hopefully reduces the risk of fraud involving a mortgaged property). The aim of the restriction would be to prevent the Land Registry from registering a transfer of the property without a solicitor certifying that, for example, the transferor is indeed the registered proprietor. 3. If you are concerned that you are, or may become, the victim of property fraud, consider property fraud prevention by having more than one address for service. For example, you might want to have not just the property address, but also the address that you are now living at.

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