CQS Mortgage And Property Fraud Prevention Policy November ' 2023 Update

Lexsure's November CQS Core Practice Management monthly update included suggested changes to a firm's Mortgage And Property Fraud Prevention Policy

One of the drafted paragraphs relates to Unencumbered Property.

This imported addition or new section emphasises the need to pay careful attention to transactions where the property is unencumbered. Firms may wish to adapt their onboarding or pre-completion checklists (such as COMPLETIONmonitor) to ’red flag’ such matters

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