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How the pandemic has caused a boom in bogus landlords and property scams

Earlier this year the National Trading Standards Estate and Letting Agents Team (NTSELAT) warned that scam schemes involving fake landlords and bogus estate agents were on the rise during the pandemic.

Between February 2020 and February 2021 national fraud and cyber-crime reporting centre Action Fraud received 4,022 separate reports of rental fraud in the UK, totalling more than £6million.

Across the year the average loss per report was £1,597, however it shot up to more than double that during December.

 

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