The Law Society and the National Crime Agency (NCA) have launched a joint campaign to tackle the risks of payment diversion fraud in property transactions, calling solicitors and conveyancers the ‘first line of defence.’

Figures released by Action Fraud showed that from April 2024 to March 2025, there were 143 reports of this type of payment diversion fraud, with victims losing an average of £82,000.

Criminals are targeting critical moments in the property transaction when large sums are being transferred between buyers, sellers, and law firms, trying to scam either customers or solicitors.