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• Suspected rental fraud could expose the UK's private rented sector to £4.1 billion in annual losses.
• Fake employment references rose 226.6 per cent in 2025.
• London and high-value rental properties recorded some of the highest fraud rates.

Fraudulent tenancy applications could expose the UK's private rented sector to £4.1 billion in direct financial losses each year, according to an analysis of more than one million tenant references by Goodlord.

The referencing platform found 41 suspected fraudulent applications for every 1,000 references between July 2025 and June 2026. That was below the peak of 46.6 per 1,000 recorded in late 2024, but remained well above historical levels.