50,000 sign up to anti-fraud service

The Land Registry has seen 50,000 people sign up to its Property Alert Service.

Landlords have been encouraged to sign up, as properties which are rented out are more at risk of property fraud.

Criminals have been known to use forged documents to try to take ownership of properties and the Registry says landlords are particularly at risk, with reports of fraudsters attempting to mortgage or sell properties without the owners’ knowledge.

Once a homeowner is signed up they can monitor up to 10 properties.  Email alerts are sent when the Land Registry receives certain applications to change the register or for official searches.

At this point the person monitoring the property can decide whether the activity is suspicious and whether they need further advice.

Blog Post from Residential Landlords Association

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