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PRS Fraud Warning Re-Issued By NLA

PRS Fraud Warning Re-Issued By NLA

NLA Warning About Rental
Fraudsters Re-Issued

The National Landlords Association (NLA) has re-issued its 2010 warning to landlords, letting agents and tenants about online fraudsters operating in the UK’s private rental sector after resurgence of complaints over suspect practitioners.

The NLA began to receive a large number of complaints back in August 2010, concerning fraudsters who operate online, using popular free websites such as Gumtree to attract unwitting victims, and the landlord association has now started to receive a new wave of complaints.

The NLA investigated and uncovered several online rental property fraudsters who would trick tenants into paying them an advance fee to rent a property by using underhand tactics such as official landlord association branding or fake letters claiming to be from NLA local representatives to support their demand for up-front payments in order to lure their victims in to a false sense of security.

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Beware Of The Shits and Sharks! - Avoid Becoming A Victim Of Rogue Traders

Beware Of The Shits and Sharks! – Avoid Becoming A Victim Of Rogue Traders

Beware Of The Rogue Traders,
Shits And Sharks!

There are a number of rogue traders back in the property investment community as the UK property market picks up pace again following the financial crisis that saw all but the most serious property investors continue to purchase properties.

The emergence of rogue traders and dodgy dealers is nothing new in property investment industry as scammers try to part willing investors with their savings by offering property deals that don’t stack up, costly property investment educational courses and worthless seminars and workshops designed to provide some cover for a high pressure pitch fest full of ill conceived propaganda designed to trigger reckless spending.

There are a number of controversial rogue traders who have been exposed in recent years, however the threat of legal action prevents me from naming and shaming the latest batch of scammers that have been brought to our attention at the present time, but rest assured these rogue traders will be exposed among the property investment community very soon!

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