Greater London Properties answers your question ‘How can I protect myself from property fraud?’
How can I protect myself from property fraud? There are a couple of measures presented by both the Land Registry and Action Fraud to protect your property properly.
Register an Anti-Fraud Restriction on your Property title
This is the best option as it will block any changes done to your register. An Anti-Fraud Restriction is registered with the Land Registry because it reduces the risk of property fraud. This means that you can stop Land Registry registering a sale or mortgage on your property. This can be changed if a solicitor certifies the application was made by yourself. Having a restriction also deters fraudsters when they are searching for properties to target.
Anti-fraud property alerts from Land Registry
If your property is registered with Land Registry you can also sign up to their free property monitoring service. This means that if someone applies to change the register of your property or if certain activities occur on your monitored property, you will receive an email alert. It is important to know however that this option will not automatically block any changes made to the register but will alert you. This will allow you to take any necessary action.To learn more, please do not hesitate to call us on 020 7113 1066.
We hope this answers your question ‘How can I protect myself from property fraud?’. If you are looking to rent a property in Central London, please visit Greater London Properties, Central London’s largest independent estate agent or call us on 0207 113 1066.
