Landlords need to take heed from a recent fraud involving a tenant using the landlords details in a case of ID theft to rack up over £10,000 in debt on the landlords credit card.
The case involving a York landlord only came to light when the landlord visited his property in an attempt to obtain months of unpaid rent from his tenant. He then discouvered a stack of bills from Barclays bank demanding repayments of over £10,000 on his credit card bill that he had not used.
It turns out that the card had been sent to his former address unsolicited by the bank followed by the PIN number several days later. The tenant then used the car to go on a spending spree including buying a set of new tyres of his girlfriends Audi TT.
To read more about the case
Landlord insurance - protect my property