Ruling offers home hijack hope

A High Court ruling has given hope to victims of “home hijacking” scams – where criminals pose as the owner of a building to sell it – after developer Dreamvar successfully appealed over a £1.1m fraud. The decision places liability on the seller’s solicitors for failing to carry out adequate identity checks, saying they are best-placed to verify the seller’s identity. Land Registry figures show property hijackings are increasing, with the value of successful scams climbing from £7.2m in 2013 to £24.9m a year ago.

The Daily Telegraph

Posted 17/05/2018