Conveyancing fraud on the rise
Buying and selling property can be extremely stressful, and it can increasingly be exacerbated by unforeseen issues such as conveyancing fraud. Recent cases include a couple who fell victim to a scam after sending almost £60,000 to an account that they believed belonged to their conveyancer. Now in a wrangle to retrieve the money, they are in danger of missing their planned completion date and are unsure as to whether their payments will be returned. Read the full story here.
Banks have responded to the problem of ‘APP’, or authorised push scams, by implementing a scheme whereby victims of fraud may be eligible to compensation if they’ve been tricked into sending money, but this is of little cheer for anyone who has already suffered at the hands of fraudsters.
As a leading building surveyor in Cambridge, we believe in helping our clients to proceed with their property transaction as smoothly as possible, and we focus on ensuring that everything is as it should be with any property. If you’re considering buying a property why not call us on 01223 661439 to commission a full building survey?
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