Tenancy Fraud Items

Beware of rental fraud.

What is rental fraud?

Rental fraud is when tenants are tricked into paying an upfront fee to rent a property only to find out it does not exist. Or the property may be rented to several people at the same time and they never see the original fee again.

Fraud in social housing networks may soon be a criminal offence.

Bill to criminalise tenancy fraud gets the backing of minister

Grant Shapps, minister for housing, has announced his support for the bill to criminalise tenancy fraud in the UK. The minister confirmed the government would back a new bill, introduced in Parliament today by Conservative MP for Watford Richard Harrington.

New team poised to tackle housing needs

New CIH team set to tackle social housing fraud

The Chartered Institute of Housing has today unveiled its new advice team aimed at helping social landlords make best use of their stock, by cracking down on tenancy fraud and giving tenants in large homes the chance to downsize.

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Most regions see house prices rise in 2011

Average house price 'is £164,785'

Nine out of 13 regions across Britain recorded property price increases last year, according to the Nationwide index. The average house price is now around £164,785, up by 1.1 per cent over 12 months and by 0.3 per cent over the past three months.

Record low rate to be held again, says Bank of England

The Bank will keep rates low for at least one more month

The Bank of England has once again voted to keep interest rates at their record low rate of 0.5 per cent, it was announced today. This historic low rate has now been maintained for 23 months.