Monday, 20 February 2012

London Letting News; Tenant Fraud A Growing Problem for Landlords and Agents

Tenant fraud is a growing problem for agents and landlords alike. And there is no sign of it easing in 2012, so it is essential that agents have a checklist for new tenants that includes obtaining ID documents and proof of current residency at an early stage of the tenancy application.

'Agents need to be alert for anything unusual that could increase the risk for the landlord' said Michael Portman, managing director of Let Insurance Services.

'Tenant fraud is a growing problem for agents and landlords alike. And there is no sign of it easing in 2012, so it is essential that agents have a checklist for new tenants that includes obtaining ID documents and proof of current residency at an early stage of the tenancy application.'

London Lettings News

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