Consumer organisation Which? claims there are some 1,000 reports of rental fraud scams a month at this time of year. It says...
Archive
Two London agents who traded fraudulently through their lettings business and scammed victims out of over £24,000 have been sentenced. After a...
13 May 2024
From: Breaking News
An analysis of over 600,000 tenancy applications has found that fraudulent applications rose by 140% last year. The analysis, carried out by...
10 April 2024
From: Breaking News
The Open Property Data Association has released a new version of its property data standards framework to help letting agents comply...
25 March 2024
From: Breaking News
PropTech platform Goodlord has launched a new referencing service for letting agents, offering what it calls ”a carefully curated balance of...
22 March 2024
From: Breaking News
Tenant reference and tech supplier The Lettings Hub claims 25 per cent of fraudulent documents submitted by would-be tenants were identified...
08 March 2024
From: Breaking News
Companies House has new powers from this week to combat fraud. These are measures under the Economic Crime and Corporate Transparency Act...
05 March 2024
From: Breaking News
A letting agent who stole over £40,000 from her employer was caught when a bank queried the use of a company...
22 February 2024
From: Breaking News
A free webinar next week will explore how agents can use technology solutions to attract and win new landlords for their...
16 February 2024
From: Breaking News
VISTA, a tenant referencing service first announced back in November, launches today. Insurance and referencing service HomeLet says the product will “provide...
15 February 2024
From: Breaking News
A prominent industry expert says lettings agents and other property sector insiders should be extra-vigilant over cybersecurity breaches. Neil Cobbold, managing director...
12 February 2024
From: Breaking News
A wealthy landlord who set up a fake lettings agency in Hull has been jailed for 11 years for allowing ‘ghost tenants’ to...
07 February 2024
From: Breaking News
A PropTech supplier this week hosts a free webinar for agents to shed light on the rise of attempted tenancy fraud...
16 January 2024
From: Breaking News
Propertymark is hosting a client money security webinar tomorrow lunchtime between 12.30 and 13.30. The webinar will discuss the rise of Artificial...
15 January 2024
From: Breaking News
An organised crime group involved in producing and distributing an estimated £2.4m of cannabis has been found to have e used...
10 January 2024
From: Breaking News
A register launched to shed light on overseas property ownership in the UK now has over 30,000 registrations. The Register of Overseas...
27 December 2023
From: Breaking News
Two property company bosses have been sentenced following an Insolvency Service investigation which found they had abused a £30,000 Bounce Back...
20 December 2023
From: Breaking News
Propertymark has set out its pro-agency position on a range of issues contained in the Renters Reform Bill, currently trundling through...
07 December 2023
From: Breaking News
UK Association of Letting Agents has announced a link with PropTech supplier Canopy. UKALA member agents will receive a discount if they...
21 November 2023
From: Breaking News
HomeLet claims its new VISTA service will revolutionise the lettings industry by eliminating fraud through the use of detection technology and...
06 November 2023
From: Breaking News
Increasing numbers of landlords are considering instructing lettings agents for the first time because of increased red tape and the complexity...
29 September 2023
From: Breaking News
Propertymark has responded to an HM Treasury consultation on anti-money laundering processes - and in doing so it’s slammed “heavy handed...
28 September 2023
From: Breaking News
The Head of the National Trading Standards Scams Team is one of two new non-executive directors at The Property Ombudsman. Louise Baxter...
12 September 2023
From: Breaking News
The classified ad website Gumtree is issuing an alert about what it claims is the growing threat of rental fraud. It says...
05 September 2023
From: Breaking News
New figures suggest soaring numbers of tenants are at risk from criminals taking advantage of the tough rental market. Scammers place fake...
22 August 2023
From: Breaking News
Zoopla’s Alto cloud-based software has announced a new integration with lettings PropTech supplier Canopy. This will enable tenant referencing to be permitted...
11 July 2023
From: Breaking News
A fraudster lettings agent must repay £122,922.68 to her old firm within three months - or face yet more time in...
26 June 2023
From: Breaking News
Trading Standards has stopped a lettings agency owner from being a company director after he defrauded customers by over £80,000. Francis Smart,...
19 June 2023
From: Breaking News
PropTech supplier Goodlord has announced a partnership with an identity verification technology service which would allow agents to conduct digital Right...
30 May 2023
From: Breaking News
Shelter is telling the government it “must deliver” on the revolution it pledges under the Renters Reform Bill. Chief executive Polly Neate...
17 May 2023
From: Breaking News
PropTech rental platform Goodlord has partnered with an open banking platform to enhance its tenant referencing service. Goodlord, which first integrated open...
12 May 2023
From: Breaking News
A lettings agency has been accused of falsely claiming deposits were being held in a deposit protection scheme and other related...
24 April 2023
From: Breaking News
A lettings agency maintenance manager stole almost £100,000 from her company - but has escaped prison. Farida Mughal was working at the...
19 April 2023
From: Breaking News
Several lettings agents have been expelled from The Property Ombudsman scheme; they are amongst eight named as having been kicked out...
06 April 2023
From: Breaking News
Corrupt elites and criminal gangs who abuse the property and financial sectors will be identified and stripped of their cash, the...
05 April 2023
From: Breaking News
HomeLet has launched a product to help combat tenancy fraud, which it claims has seen a 36 per cent rise since...
14 March 2023
From: Breaking News
The majority of private landlords would consider switching to a letting agency because of the current complexity of buy to let. A...
09 March 2023
From: Breaking News
Over half of all fraudulent tenancy applications involve fake or doctored pay slips, a PropTech firm claims. Goodlord analysed a sample size...
16 February 2023
From: Breaking News
A former lettings manager has pleaded guilty to defrauding her agency employers for almost five years - but there’s uncertainty over...
13 February 2023
From: Breaking News
Short lets platform Airbnb - increasingly used by landlords acting as hosts - has issued a warning to consumer users about...
30 January 2023
From: Breaking News
Attempted fraud in the letting sector has risen sharply over the past two years, it’s been claimed. Tenant reference provider Homeppl claims...
27 January 2023
From: Breaking News
A young family have started 2023 in their new permanent home after a London council recovered the property from an illegal...
20 January 2023
From: Breaking News
The head of a Martin & Co office in Wolverhampton has been jailed over fraudulent activity. A court heard that Bhavander Singh...
16 January 2023
From: Breaking News
Data from fraud prevention database CIFAS a marked increase in both identity fraud and false lettings applications in the UK according...
15 December 2022
From: Breaking News
A lettings platform claims that as many as one in 20 rental properties may be let to criminals - that’s some...
21 November 2022
From: Breaking News
The vexed subject of letting agents and landlords preparing for the Making Tax Digital regime is to be examined in a...
16 November 2022
From: Breaking News
Referencing service Homeppl is expanding into Right to Rent checks. A digital R2R check can be integrated into Homeppl tenant referencing checks...
11 November 2022
From: Breaking News
Labour’s new housing spokesperson, Matthew Pennycook, says his party would go further than the government on the subject of private rental...
07 November 2022
From: Breaking News
A growing number of rental applications are being rejected by agents, it’s been claimed. PropTech firm Vouch says that between January and...
12 October 2022
From: Breaking News
According to the Association of Certified Fraud Examiners, organisations worldwide lose $4.7 trillion to fraud each year, with real estate suffering...
30 September 2022
From: Sponsored Content
Lettings Hub says there were 91,593 cases of tenant application fraud in 2021 alone, with the most common form of fraud...
23 September 2022
From: Breaking News
Trading Standards is calling for more due diligence checks to be made following the jailing of a rogue letting agent for...
31 August 2022
From: Breaking News
A former lettings agent has been jailed for almost three years after admitting conning landlords out of over £80,000. The sentence for...
30 August 2022
From: Breaking News
A letting agent who stole over £80,000 from landlords is awaiting sentence. Frank Smart - owner of Smart Residential Letting Agents in...
15 August 2022
From: Breaking News
An analysis from PropTech firm Goodlord claims that agents and landlords would have lost a combined £1m over the last year...
12 August 2022
From: Breaking News
Landlords and agents face a growing risk of rent arrears and tenant fraud because of the cost of living crisis. That’s the...
08 July 2022
From: Breaking News
The former president of ARLA Propertymark has made an outspoken attack on the government for failing to regulate the agency industry. Maxine...
30 June 2022
From: Breaking News
Letting agents have been told they must have the right technology to reduce the risk of fraud. Olly Thornton-Berry, co-founder of risk...
09 June 2022
From: Breaking News
Industry suppliers are linking up to host a webinar for agents this week outlining the growing risks of tenancy fraud. HomeLet, Let...
23 May 2022
From: Breaking News
PropTech supplier The Lettings Hub has launched a tenant referencing service that it claims allows letting agents to conduct their own...
08 April 2022
From: Breaking News
A PropTech provider has launched a renter guarantor service after claiming there’s been a 10-fold rise in tenancy fraud in the...
06 April 2022
From: Breaking News
Proceedings against a bankrupt letting agent have been delayed 10 weeks to allow mental health reports to be prepared. Madelaina Eftekhari is...
04 April 2022
From: Breaking News
PropTech company Homeppl has launched two products that it calls “revolutionary fraud detection tools” for letting agents. One of the two technologies...
10 February 2022
From: Breaking News
A lettings agency employee who diverted over £50,000 of landlords’ money into his own account has been given a suspended sentence. Paul...
08 February 2022
From: Breaking News
In this tips piece, Blake Richmond, managing director of referencing at Goodlord, sets out how agents can combat fraud in the lettings process. Over...
07 February 2022
From: Legislation & Compliance
An hour-long webinar this week aims to inform agents how to deter property fraud by greater emphasis on compliance, due diligence...
24 January 2022
From: Breaking News
A leading lettings agent has warned tenants against using social media to find rental properties. David Alexander - head of DJ Alexander,...
06 January 2022
From: Breaking News
A PropTech firm claims to have saved a client more than £160,000 by preventing a criminal from illegally renting one of...
20 December 2021
From: Breaking News
Property fraud is on the rise and early in 2022 agents will have an opportunity to attend a webinar featuring a...
10 December 2021
From: Breaking News
A fake lettings operation has been uncovered by a leading legitimate agency - and now the National Trading Standards Estate and...
06 December 2021
From: Breaking News
A scam in one city has reportedly seen scores of individuals robbed of thousands of pounds as short lets have been...
18 November 2021
From: Breaking News
A PropTech firm says Open Banking could help to transform the lettings industry for the better if it is fully embraced. And...
17 November 2021
From: Breaking News
The Build to Rent sector is being targeted by criminals with a 364 per cent rise in fraudulent tenant applications in...
26 October 2021
From: Breaking News
Who are you and what does it say on your business card? Alexander Siedes, CEO and Founder of Homeppl What is Homeppl and...
18 October 2021
From: 60 Second Interview
More and more people are committing tenancy fraud and it’s having a massive impact on the industryAs a lettings agency, you...
07 October 2021
From: Proptech & Innovation
An international residential platform which manages 200,000 properties in 29 countries across Europe - including the UK - has signed an...
29 September 2021
From: Breaking News
A lettings agent has been jailed for three years for defrauding tenants and landlords out of more than £182,000. Lee Clarke, 42,...
20 September 2021
From: Breaking News
A six-month prison sentence, suspended for 12 months, has been handed to a former lettings agent from Eastbourne for charges of...
16 September 2021
From: Breaking News
A PropTech platform which uses Open Banking to help with tenant due diligence has raised another £1m in funding. Homeppl - which...
09 September 2021
From: Breaking News
Propertymark is alerting agents to ever-more sophisticated fraudulent documents being used in the private rental sector. The organisation recently requested agents to...
27 August 2021
From: Breaking News
Student rent has increased almost 20 per cent over the last year. In data released as part of the 2021 NatWest Student...
05 August 2021
From: Breaking News
Agents using Reapit now have access to tenant due diligence and guarantee firm Homeppl, which will assist in combating rental fraud. Homeppl...
03 August 2021
From: Breaking News
Two PropTech companies say tenant fraud - reported to be a growing problem in buy to let - is now an...
02 August 2021
From: Breaking News
Propertymark wants agents to come forward with examples of fraudulent tenancy applications - a growing problem in the rental sector. A statement...
27 July 2021
From: Breaking News
There’s a new warning the rental fraud could be on the rise. Due diligence firm Homeppl says the combination of possible job...
23 July 2021
From: Breaking News
Airbnb has launched a scheme it calls the UK Trust and Safety Alliance to offer hosts information on health, safety and...
23 July 2021
From: Breaking News
A lettings agent has told the BBC that he has spotted illegal rental scams using online platforms, but the police have...
28 June 2021
From: Breaking News
The Citizens Advice consumer charity is warning that fake investment scams are amongst the fraudulent activity that’s on the rise across...
23 June 2021
From: Breaking News
The latest rental market snapshot produced by HomeLet shows average rents outside of London soaring to higher levels and dropping in the capital itself. The...
04 June 2021
From: Breaking News
The online lettings platform Mashroom has set out a list of guidelines it’s offering to prospective tenants to avoid them falling...
04 June 2021
From: Breaking News
Prominent property lawyer David Smith - recently in the news for his guidance for agents and landlords over the eviction ban...
02 June 2021
From: Breaking News
An anti-money laundering PropTech consultancy claims agents are in serious danger of non-compliance with new regulations, unless they ditch paper documents and...
25 May 2021
From: Breaking News
There’s been a huge 263 per cent increase in the value of fraudulent tenant applications in just three months, it’s been...
19 May 2021
From: Breaking News
An automated payments service has teamed up with a student accommodation provider to devise an eCommerce system allowing simpler rent payments. Vyne uses...
28 April 2021
From: Breaking News
Tenant referencing. It’s a necessary evil. Although most tenants are responsible and pay their rent on time, broke swindlers with dubious...
04 March 2021
From: Sponsored Content
A landlord who built unlawful extensions to a family home and squeezed up to 14 people into the rooms has forfeited...
19 February 2021
From: Breaking News
A new Right to Rent identity validation and storage system has been launched by industry supplier Canopy, in partnership with tech...
18 February 2021
From: Breaking News
A lettings agency is warning that fraudsters have copied property listings and put them on Facebook Marketplace, demanding deposits from the...
11 February 2021
From: Breaking News
Rightmove is to host an anti-money laundering webinar next week, aimed at lettings and sales agents. The event, which is entitled Five...