Letting agent warned to be vigilant over identity theft
By |Published On: 31st August 2017|

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Letting agent warned to be vigilant over identity theft

By |Published On: 31st August 2017|

This article is an external press release originally published on the Landlord News website, which has now been migrated to the Just Landlords blog.

A concerning new report has suggested that the identity theft of letting agents is currently at ‘epidemic levels.’

The research, carried out by UK anti-fraud organisation Cifas, reveals that people in their 30s were the most targeted, with most identity fraud taking place online.

Fraud

In all, a whopping 89,000 cases were recorded during the opening 6 months of the year – a 5% rise in the same period 12 months ago and a new record high. The report states that there has been a considerable rise in ID fraudsters applying for insurance, telecoms and online retail.

Now, Rent4sure is urging letting agents to be very vigilant.

IT and Products Director, Jack Webb-Heller, noted: ‘At Rent4sure we follow stringent procedures to make sure an applicant is genuine.’

‘If a letting agent uses our checks appropriately, and uses all the guidance and recommendations we offer plus their usual checklist, it would be a big step forward in the battle to stop people fraudulently renting properties.’

Letting agent warned to be vigilant over identity theft

Letting agent warned to be vigilant over identity theft

‘Our system not only checks the address and name that applicants provide but also cross matches these against all the previous addresses and relevant information linked to that credit profile.’

‘We have a specially designed range of referencing services that work in tandem to ensure an identity isn’t stolen, which allows agents to choose the right product to cover any situation.’[1]

 

[1] http://www.propertyreporter.co.uk/finance/letting-agents-warned-after-identity-theft-hits-epidemic-levels.html

 

 

About the Author: Em Morley (she/they)

Em is the Content Marketing Manager for Just Landlords, with over five years of experience writing for insurance and property websites. Together with the knowledge and expertise of the Just Landlords underwriting team, Em aims to provide those in the property industry with helpful resources. When she’s not at her computer researching and writing property and insurance guides, you’ll find her exploring the British countryside, searching for geocaches.

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