The National Residential Landlords Association has teamed up with a provider of so-called ‘smart property protection technology’.
This means that landlords can use Title Guardian’s anti-fraud digital monitoring tool to help combat property fraud including unauthorised sub-letting, properties that are illegally used as business addresses, and title fraud.
NRLA chief executive Ben Beadle says: “This partnership provides our members with important protections against fraud at a time when, unfortunately, crimes of this nature are becoming more common across the private rented sector. With Title Guardian already regarded across the market as the leading provider of this kind of support, we are delighted to be extending this valuable service to our growing membership base.”
Since its launch late last year, Title Guardian says it’s seen its customer base grow significantly to include homeowners, landlords, law firms and property providers.
As a result of the partnership NRLA members will receive access to a monitoring system which scans a wide variety of digital sources with a view to informing landlords immediately if Title Guardian detects evidence of fraudulent activity, as well as discounts on rental properties registered on their platform – a landlord’s first rental property can be registered for free, the second and third registered properties will receive a 40 per cent discount upon registration.
Title Guardian chief executive John Daw says: “Landlords can be at a higher risk of fraudulent threats. They aren’t at their properties, so can be vulnerable to property and identity mis-use and unauthorised sub-letting. The NRLA is at the heart of the landlord community, providing invaluable advice and services for its members: property providers who deliver vital infrastructure for the UK economy.
“We’re delighted to be part of their member ecosystem. This partnership not only endorses Title Guardian but also sends a powerful message to the property industry that proactively tackling this issue is of utmost importance. We look forward to welcoming NRLA members as Title Guardian customers, allowing us to protect their portfolios and contribute to a more secure property market.”