“…there are a lot of professional fraudsters out there that want to rent a property purely to secure an address from which they can carry out finance fraud. Often, they may be pay a few months’ rent in advance, with no intention of paying all the rent due during their tenancy,” said Howard Lester, director of the Balgores Property Group.
UK’s top spot for identity fraud is East Ham in London, with about seven times more attempts than the national average. Identity fraud was also prevalent in Romford, Bexleyheath, Woolwich, Cheapside, Stratford, Ilford, Walthamstow, Lewisham and Enfield.
Outside London, Altrincham in Cheshire is the UK’s worst location for identity fraud, with 13 fraud attempts for every 10,000 adults, more than three times the national average.