JPH LAW Property News
Property fraud on the rise
The Sunday Times highlights a recent rise in cases of conveyancing fraud, where criminals attempt to “steal” a home, most commonly by selling or mortgaging it without the owner’s knowledge. In the year to March 2016, the Metropolitan Police received 1,029 reports of rental fraud, totalling nearly £2.5m; and since September 2009, the Land Registry says it has prevented more than £80m worth of property fraud. In a landmark ruling by the High Court last month, lawyers acting for a bogus seller and those acting for a duped buyer were found equally liable for the fraud, which saw the would-be-buyer conned out of £470,000. “This case looks for the first time at the obligations of the seller’s solicitor to the purchaser even though they don’t have any contractual relationship with the purchaser,
John P Hagan / JPHLAW Solicitors offer a full range of legal services including Conveyancing Tax Commercial Criminal Family Law Divorce Wills Probate Immigration Notary Public from offices in Portadown serving all of County Armagh and Belfast
For more information visit our offices or telephone 028 38333333
Our website is www.jphlaw.co.uk
JPHLAW Social media
FACEBOOK
https://m.facebook.com/jphlawSolicitors/
TWITTER
@jphlawni
LINKEDIN
https://touch.www.linkedin.com/#company/8892916
Google+ is JPHLAW
