An honest tenant is a blessing; so those of you who
are lucky enough you should be grateful that you have not come across some of
the noteworthy characters that we have mentioned in the text below. Landlords
are at always at risk as property is the most substantial investment one can
make, and theirs is at the disposal of an unknown party. The following text
elaborates on one of the most ruthless ways a landlord may be conned by their
tenants in light of the experiences of Landlord and Tenants Solicitors.
Your property may be mortgaged by the tenants:-
This is the most daring and interesting of all cons
when it comes to landlord and tenants, and unfortunately it is relatively easy
to do if certain precautions are not taken by the landlord. It involves tenants
posing as owners of the property to take out a huge loan from bank. If they can
transfer the property in their name they can pull this con with relative ease,
and it has been done in the past. (Barclays Bank PLC v Guy).
According to the landlord and tenants
solicitors Landlords can make sure
that this does not happen to them by making sure that corresponding
address for your rented property is of the property you are currently living
this way you will be aware of all changes regarding your property.
For more information you are welcome to get in
touch with the landlord and tenants solicitors at Walker Wise Solicitors by phone on 01254 300 966 or email enquiries@walkerwise.co.uk.
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