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Fraud

Good Practice Guide

Publication date:

03 September 2020

Last updated:

03 September 2020

Author(s):

Society of Mortgage Professionals, Esther Dijkstra, Director of Strategic Partnerships, Lloyds Banking Group

How to spot and prevent mortgage fraud.

This Good Practice Guide, written in association with Halifax, outlines some of the current mortgage application fraud themes seen by lenders in the UK mortgage
market. The guide will provide you with some hints on how to spot and prevent mortgage fraud and will look at the following topics:

  • Mortgage fraud in the UK financial services industry
  • Support for first-time buyers
  • Income and employment fraud
  • Other types of mortgage application fraud
  • Cyber crime
  • Accessible resources and online tools

 

Read the full Good Practice Guide HERE

This document is believed to be accurate but is not intended as a basis of knowledge upon which advice can be given. Neither the author (personal or corporate), the CII group, local institute or Society, or any of the officers or employees of those organisations accept any responsibility for any loss occasioned to any person acting or refraining from action as a result of the data or opinions included in this material. Opinions expressed are those of the author or authors and not necessarily those of the CII group, local institutes, or Societies.

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