Land Registry warns against property fraud

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Land Registry warns against property fraud

The Land Registry is warning property owners to the dangers of fraud.
Land and buildings are targets to fraudsters who have been known to sell or mortgage them despite not having ownership. New guides have been issued by the Land Registry about advice to the public.
If a property is not registered the owner should apply for voluntary first registration. It is important for property owners keep their names and address up to date on Land Registry data. Cases of property fraud usually occur when a solicitor is not representing a seller.
The Land Registry is widening the types of application where identity is required. From March identity checks are being conducted for situations where parties are not represented.
The evidence of identity will be required when an application is made to register a transfer, lease or mortgage, and also for the discharge of a mortgage.
The guides are available at no charge from all Land Registry offices and are also available on the Land Registry website.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBTS SECURED ON IT. THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME.

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