Conveyancing remains a prime target for organised fraud. Between April 2024 and May 2025, there were 143 reported cases and £11.7m in losses – often devastating for households.
But as fraud evolves, so do the tools, standards and behaviour that keep clients safe.
As part of International Fraud Awareness Week, PEXA hosted a webinar series bringing together experts from regulatory bodies, law firms, insurance, technology providers and law enforcement to unpack how fraud is evolving – and what the industry can do to stay ahead.
Speakers shared first-hand perspectives on the real-world impact of payment diversion fraud, the rise of social engineering and deepfakes, the growing importance of strong digital identity standards, cultural resilience, and designing secure processes that protect every transaction.
Regulators and police agree: early, accurate reporting of threats helps disrupt fake accounts and improve fund-recovery chances. With around 40,000 fraud and cyber reports a month – 40% of all UK crime – every data point counts.
A strong security culture – from phishing simulations to secure communication channels – turns ‘policy on paper’ into protection in practice.
Sessions in the webinar series included a look at regulation in practice and how to tackle cybercrime, why reusable and shareable data is key to reducing fraud, and how robust process and tools are vital to securing the property transaction.
