Olliers vast experience of defending mortgage fraud allegations dates back many years. The firm’s reputation for committed and rigorous defence work means that we attract some of the most complex fraud cases in the country.
Essentially, mortgage fraud involved fraudulent obtainment of a loan secured on a property. Details provided to the lender are in some way false and as a consequence the mortgage is authorised. Typically this can involve false income and/or employment details, a false valuation of a property, misleading the lender as to occupancy and failure to disclose other liabilities (including other mortgages).
Often these frauds come to light when there is a failure to make repayments in respect of loans.
Substantial mortgage fraud investigations can lead to targeting not only the investors but professionals, such as solicitors, accountants, financial advisors, mortgage brokers etc, being dragged into the investigation of potential criminal proceedings. In recent years Olliers have acted for numerous professionals during the course of mortgage fraud investigations.
Olliers provide specialist advice and representation throughout England and Wales.
We are ranked as a Top Tier criminal firm in both of 2013 editions of the Legal 500 and Chambers Directory.