Saturday 4 June 2011

Warning_over_rise_in_theft_of_property_titles - Investor Today

Warning_over_rise_in_theft_of_property_titles - Investor Today

A record amount of money has been paid out by Land Registry - the public sector body that registers land and property ownership - because landlords are failing to register properties online and adequately protect sensitive data.

Liz Richards, Head of Legal and Policy at the Association of Residential Letting Agents, advises that the £26million awarded since 2006 could be easily avoided by landlords taking a few simple steps.

She said: "ARLA members are advising all landlords to contact Land Registry to ask that any formal notices to them be sent to an alternative address. This prevents tenants who are criminals intercepting this important correspondence.

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