Residential Property Transactions: Avoid becoming a victim of Cyber Crime

Buying or selling a property is, for many of us, the one time we are engaged in a transaction worth hundreds of thousands of pounds, and therefore vulnerable to large-scale fraud.


Sadly, there is increasingly a risk that at some stage during the purchase or sale, fraudsters may try to hack into your email correspondence, hoping to create fraudulent emails based on previous correspondence and thereby persuade you to transfer significant funds (such as completion monies) to the fraudster’s bank account. The following steps can help to stop you becoming a victim of this sort of cyber crime:

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