UK Homebuyers Lost Average of £78,393 to Conveyancing Fraud in 2024-25
UKPulse News Desk
UK homebuyers lost an average of £78,393 to conveyancing fraud in 2024-25, according to Report Fraud.
- UK homebuyers lost an average of £78,393 to conveyancing fraud in 2024-25.
- Report Fraud recorded 140 property-related cases during this period.
- Scams involve criminals intercepting emails to divert payments to fraudulent accounts.
UK homebuyers lost an average of £78,393 to conveyancing fraud in the 2024-25 period. Report Fraud documented 140 property-related cases during this time.
These scams typically involve criminals intercepting email communications between buyers and solicitors. The aim is to divert payments to fraudulent accounts.