A PropTech supplier this week hosts a free webinar for agents to shed light on the rise of attempted tenancy fraud in the UK.
As rental costs continue to rise, some tenants may find themselves in a challenging predicament, leading some to resort to desperate measures, including falsifying information to secure a tenancy. Meanwhile, higher rental prices can make properties more attractive to criminals with fraudulent intentions, intent on subletting a property and pocketing the rent.
The chief executive of The Lettings Hub and host of the webinar, Heidi Shackell, says: “As rental prices continue to grow, it is vital for industry professionals to stay ahead of the increased risks. The increase in tenancy fraud demands everyone’s attention, and through this invaluable webinar, we aim to empower letting agents with the knowledge and tools they can implement to spot attempted fraud. We’re committed to improving the integrity of the rental market and ensuring a secure environment for both landlords and tenants.”
The webinar will explore the intricacies of tenancy fraud, providing valuable insights for letting agents, helping them spot the signs that the tenant may not be entirely truthful. Shackell will also provide her top tips for avoiding fraud and protecting landlords.
It’s at 12.30pm on Thursday this week, January 18, and will cover fraud as a growing issue in the private rental sector; the importance of thorough screening of tenants; what a residency and identity check must include; and income verification and how tenants attempt to deceive agents.
For more information and to register for the webinar, please visit here.