Your property is probably the most valuable asset you own. That's why it's important you do whatever you can to protect it from the risk of fraud.
Fraudsters can and do target properties for fraud; “stealing” your home by taking the legal title to it. This is most commonly done by pretending to be you and either selling or mortgaging your home.
There is an increased risk of fraud when:
- a property is empty or has been bought to let
- an owner is spending time abroad or absent
- the owner is infirm or in a nursing or care home
- a relationship breaks down
- a property has no mortgage
You can help to make sure that you do not become a victim of property fraud by:
- Registering your property
- Keeping your contact details up to date
- Signing up to our Property Alert service
Is your property registered?
About 20 per cent of land in England and Wales remains unregistered. Firstly you should make sure that your property is registered. If you then become an innocent victim of fraud and suffer a financial loss as a consequence, you may be compensated.
To find our more about property fraud and the steps you can take to avoid it, go to Land Registry.gov.uk.