z

Property hijacking has become more prevalent in the UK and the coronavirus crisis has given fraudsters more opportunity to make money, fuelling the growth of crime in the UK. This activity involves a fraudster, purporting to be the rightful owner of the property, mortgaging or selling it, then disappearing with the proceeds of the crime. Individuals who live abroad, those who own properties with no mortgage and those not registered with the Land Registry, are at the highest risk of being victim to such a scam. Even though people may be self-isolating in their properties because of Covid19, doesn't prevent this type of fraud. Empty business premises may also give fraudsters greater opportunities to impersonate the registered owner.
 

To read the full guidance on how to avoid the fraudsters, download the article on the righthand side.