At a time when fraud is more prevalent than ever, protecting your property from those that would wish to fraudulently sell your property or place a secured loan on the property is very important. HM Land Registry recommends that property owners register for its free property alert service, which sends an email alert each time there is significant activity on the property, for example a new mortgage is taken out against it. Many second homes are more likely to be empty at this time and an empty property is a target for fraudsters pretending to be the property owner.
We carry out full due diligence on all our property transactions to assist you in ensuring the Seller is the legal owner of the property. You can assist in protecting your own property by registering with the land registry as noted above and also consider redirecting any post for your second home to your primary residence. The land registry should be aware of your primary residence address at all times. You should ensure you have a trusted party checking in on the property for you as a property sale can go through very quickly and it may be some time before you are able to visit your home to discover it has been fraudulently sold.
If you have any concerns about your property please do not hesitate to contact us.
The contents of this article do not constitute legal advice and are provided for general information purposes only
The contents of this post do not constitute legal advice and are provided for general information purposes only ■