News
Less than a third of letting agents confident onboarding process protects against tenant fraud – Propoly
54% of agents said they have concerns about tenant fraud.
Fraud
News
Money scams cost Britons £1.28bn a year – Unbiased
The financial advice platform said fraudsters were increasingly using fake investment opportunities, impersonation tactics and AI-generated content to target consumers.
News
FCA opened one mortgage fraud enforcement investigation in 2025
Freedom of Information data obtained by Thirdfort found the FCA opened just 1 enforcement investigation into mortgage fraud in 2025, down from 3 in 2024.
News
AI fraud fears grow after 55 property impersonation cases recorded – Novus Strategy
Pete Gatenby said that the best solution is to verify a homeowner’s identity to a high standard, such as through passport NFC chip verification, and do it only once.
Compliance
Most UK firms use manual checks to tackle AI financial crime, data reveals
Data found 91% of firms saw emerging technologies as a high risk to compliance, with 33% saying AI-driven decision-making tools were the biggest threat.
News
Tenancy fraud costs landlords £266m a month – LegalforLandlords
LegalforLandlords’ survey found that 70% of landlords who fell victim to fraud could not recover losses.
News
Creditors claim £1.3bn shortfall following collapse of MFS
The lender entered administration in February, following concerns raised by lenders about its loan book and collateral arrangements.
Marketplace/P2P Lenders
FCA secures £265k confiscation order over Collateral case
FCA secures £265k confiscation order over Collateral case
News
Property title fraud cases on the rise, research reveals
Good Move said impersonation remains the most common tactic, with fraudsters using stolen personal information to convince estate agents, solicitors or buyers that they are the legitimate owner.
News
SmartSearch calls for tighter probate checks after BBC exposes inheritance fraud
SmartSearch has urged regulatory reform of the probate system after a BBC investigation revealed criminals exploiting unclaimed estates.
Conveyancing
Movin Legal launches anti-fraud training video to celebrate National Conveyancing Week
The short four minute videos, entitled 'How to commit fraud', have been produced in the style of the Mission Impossible film and TV series.
Rental Market
Young renters most at risk of fraud as Government launches new awareness campaign
New figures show nearly three-quarters of rental fraud cases involve 18 to 39-year-olds, with victims losing almost £9m last year. The government is urging renters to be cautious as it launches phase two of its ‘Stop! Think Fraud’ campaign.