<
p>A woman is soon to be sentenced after submitting a false employment reference in order to obtain a mortgage from Yorkshire Building Society, the Examiner reported.
Emma Hall, 27, falsely claimed that she was the office manager of Leeds-based executive recruitment company Goodall Brazier and earned £25,000 a year so the building society would approve her £105,000 mortgage application.
Appearing before Kirklees magistrates, Hall admitted to the fraud.
Following the approval of the mortgage application, granted on the basis of the forged letter she submitted confirming her employment at the firm, the title further reported that Goodall Brazier did not know who she was.
It materialised that she was in fact working in a trainee role and earning much less than she’d stated on the application.
The court heard from prosecutor Alex Bozman that Hall purchased the property in Ilkley on 3rd October 2010 for £130,000, with additional funds supplied by her stepfather.
According to the Examiner, Bozman said: “Further enquiries revealed that she had never been employed by the company and the document was false.
“The author of the letter said he did it as a favour to her and he thought it would be used to obtain a small loan.
“Had Yorkshire Building Society known about Miss Hall’s employment situation she wouldn’t have had the mortgage.”
Mitigating Hall’s case, Steve Milner told the court that the offence had come “out of the blue” and he said that having received an inheritance she wanted to invest the money in property.
He said: “She was working at the time in a training capacity, she had an income, but it wasn’t an income which would have caused a building society to give her a mortgage.”
The Examiner stated that Exeter Crown Court has frozen the property asset after making a restraining order; the case has now been committed to Leeds Crown Court where sentencing will take place on 23rd November.
.
2 Comments
John
Has she defaulted on her mortgage? If not as long as she has paid to date it's not a massive issue in comparison to what the banks do on a daily basis
Willo
Really is this a major issue? The bank has got the asset back and clearly, was well leveraged. Compare with the case of the bank executives who continue to hold sway even though many of them defrauded the public both directly and indirectly. The government knows this; the regulators know this; the public knows this. Just another case of scape-goat syndrome.