Fraud is becoming an increasingly significant issue and is now one of the most commonly experienced crimes in the UK. According to the Office for National Statistics’ crime survey, there was an estimated 3.3 million cases of fraud in the year ending June 2018. This high figure captures a broad range of fraud offences, including lower-harm cases. But fraud can have very significant impacts, particularly as the value of the scam increases. Property fraud is a real threat that buyers, sellers and solicitors need to be aware of to help ward-off would-be fraudsters.
Buying a property at auction has many benefits, particularly as it can be a simpler option than going through the usual route of lengthy and uncertain buying procedures. However, there is risk of losing out at an auction, especially if you are not fully prepared beforehand. Here, we give a full breakdown for first-time property bidders on how to prepare for an auction and how to snap up your desired property without a hitch.
As of last week, it is a criminal offence to squat in any residential property, including those that are empty or abandoned. Many of the headlines were almost euphoric in tone, lauding the end of ‘squatters’ rights’ and praising a victory for common sense. And who could disagree? For too long lazy, hippie, dropout, scrounging anarchists have been causing ‘untold misery’ by forcing thousands of really nice law-abiding people out of their homes.