Monday, 27 June 2016

One the Most Criminal Ways you can be Conned by your Tenants; an eye opening guide courtesy of Landlord and Tenants Solicitors


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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