Buy-to-let owners are at the greatest risk of being targeted by mortgage fraud, one housing expert has claimed.
According to the Land Registry, mortgage fraudsters are most likely to target properties which are left unoccupied.
Heather Edwards, PR executive for the Land Registry, said properties which do not have an owner in residence or have a mortgage attached to them are most at risk.
"Buy-to-let owners would perhaps be more at risk if they aren't living in their home as would those who have gone to live in residential care, and foreign nationals who don't live in the country," she stated.
Meanwhile, a new survey by Channel 4 revealed that mortgage fraud increased by 100 per cent compared with the previous year.
This resulted in the Land Registry being forced to pay out more than £4 million to lenders and property owners.
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