10-01-2019, 10:20 AM
I just registered for this free property alert and wanted to share as it could prevent heaps of trouble. This service is for your properties back in England & Wales. Sorry, I don't know about a similar service being offered in Scotland, Northern Ireland nor in Fuerteventura.
Decided to share this info just because it could be relevant to many of you, living full or part time in Fuerteventura. According to Land Registry, your home could be at risk.
You’re more at risk if:
Example of someone who has signed up for Property Alert:
Mr Mills rented out his property in England while he lived overseas. He realised that absent landlords are more at risk of property fraud so he signed up to our Property Alert service.
Sometime later he received an alert email informing him that someone had made an application to register a mortgage on his property worth over £300,000. As Mr Mills wasn’t expecting this, he contacted our property fraud line. As a result of Mr Mills alerting us to the fact that the mortgage request was suspicious, we investigated and prevented the application from being registered once we realised it was fraudulent. As Mr Mills’ contact details were out of date, we advised him to update them so that if we needed to contact him in the future, he would be sure to receive our emails or letters.
As a result of signing up to Property Alert, Mr Mills was able to spot suspicious activity on his property and his prompt action in alerting us meant we were able to stop the fraudulent transaction from being registered.
Property fraud:
Property fraud is where fraudsters try to “steal” your property, most commonly by pretending to be you and selling or mortgaging your property without your knowledge.
Since September 2009, HM Land Registry has prevented 254 fraudulent applications being registered, representing properties valued in excess of £117m.
Land Registry - Property Alert - Took me three minutes to register and another couple of minutes to add the property to the watch. You can watch up to 10 properties, don't have to own them. Really handy with elderly family members or friends.
Decided to share this info just because it could be relevant to many of you, living full or part time in Fuerteventura. According to Land Registry, your home could be at risk.
You’re more at risk if:
- your identity has been stolen
- you rent out your property
- you live overseas
- the property is empty
- the property isn’t mortgaged
- the registered owner is dead
- the property isn’t registered with Land Registry
Example of someone who has signed up for Property Alert:
Mr Mills rented out his property in England while he lived overseas. He realised that absent landlords are more at risk of property fraud so he signed up to our Property Alert service.
Sometime later he received an alert email informing him that someone had made an application to register a mortgage on his property worth over £300,000. As Mr Mills wasn’t expecting this, he contacted our property fraud line. As a result of Mr Mills alerting us to the fact that the mortgage request was suspicious, we investigated and prevented the application from being registered once we realised it was fraudulent. As Mr Mills’ contact details were out of date, we advised him to update them so that if we needed to contact him in the future, he would be sure to receive our emails or letters.
As a result of signing up to Property Alert, Mr Mills was able to spot suspicious activity on his property and his prompt action in alerting us meant we were able to stop the fraudulent transaction from being registered.
Property fraud:
Property fraud is where fraudsters try to “steal” your property, most commonly by pretending to be you and selling or mortgaging your property without your knowledge.
Since September 2009, HM Land Registry has prevented 254 fraudulent applications being registered, representing properties valued in excess of £117m.
Land Registry - Property Alert - Took me three minutes to register and another couple of minutes to add the property to the watch. You can watch up to 10 properties, don't have to own them. Really handy with elderly family members or friends.
I
Fuerteventura
