Mortgage Fraud

Mortgage fraud is a type of financial crime where false or misleading information is provided on a mortgage loan application with the aim of obtaining a loan. If you are accused of mortgage fraud, it is essential to consult with expert fraud solicitors as soon as possible. Our team of experienced mortgage fraud solicitors can help you regardless of whether you are an individual accused of a single instance of mortgage fraud or a professional involved in systematic fraudulent mortgage arrangements.

Mortgage fraud is taken very seriously and can be prosecuted by the Serious Fraud Office or the Fraud Prosecution Service. If it is proved that you knowingly misrepresented information in your loan application or failed to disclose relevant information where there was a legal duty to do so, you can be convicted of a mortgage fraud offense under the Fraud Act 2006. Professionals who are aware of fraudulent activity and fail to act to report or prevent it can also be convicted of mortgage fraud. Our strict money laundering laws in England and Wales impose a duty on professionals to take all necessary steps to prevent fraudulent activity.

There are various ways to commit mortgage fraud, including falsely inflating income, providing an inflated purchase price, overvaluing the property, collaborating to purchase an overpriced property, taking out a loan in another person's name, or hijacking a legitimate mortgage application to defraud the lender or buyer.

The penalties for mortgage fraud can be severe, including a significant prison sentence. It is strongly advised to seek expert legal advice from mortgage fraud specialists if you suspect that you are under suspicion. Our mortgage fraud solicitors have a proven track record of defending individuals and professionals in mortgage fraud cases, including solicitors, mortgage brokers, valuers, and accountants. We are available to provide advice, assistance, and representation from the outset, and our lines are always open to help you.

If you or your loved ones are under investigation and you require assistance at any stage of the proceedings, please feel free to get in touch with our friendly staff. We can be contacted on 01274 085199 or by email. We are solicitors covering cases on a national level so no matter where you are please do not hesitate to contact us

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