Scammers  are stealing home deposits in callous conveyancing scams

Scammers are stealing home deposits in callous conveyancing scams

Scammers are impersonating solicitors and making away with victims’ house deposits just before their completion dates

We at Capital want to protect all buyers that have worked hard and saved for a deposit to buy a home.
One of our buyers have recently been a victim to this on Wednesday.
They had received an email from their solicitor with the correct email address and on letter headed asking them to send £10,200. They had a limit that they could only send £10,000 from their bank account. The bank had called them to confirm this was correct and as they believed it was from their solicitor they said yes. The next day they went to send the additional £200 and were unable to do so.
They contacted their solicitor and were made aware that it was not requested from them.
Luckily they were able to get their money back, But many people wont
This scam is known as conveyancing fraud, and it's typically executed by a fraudster hacking into a solicitor’s or buyer’s email account and providing alternative bank details for deposits to be paid to.


Get in touch with us

Most homeowners would like to sell their homes for as much money as possible, and the best way to do that is by attracting potential buyers to come for a viewing. Could the key to a successful sale be before a viewer has even stepped inside??

Property valuations mark the start of your home-selling journey. Discover how to prepare your home, present it effectively, and ask the right questions to maximise your property’s market value.

AI plays a part in our everyday lives, but how can it help us when searching for a new home? This article will reveal 3 ways AI helps our customers to find their dream home.

You may have seen property gurus filling up your social media feeds with tales of how they bought a number of properties without using any of their own savings, and now they have retired at the age of 32 with a portfolio worth £10m. And of course, for the princely sum of £997, you can learn how to do this too.