How To Avoid Scams When Renting Online
Renting a home online can be a risky endeavour, as scammers are using increasingly sophisticated methods to deceive unsuspecting renters. Unfortunately, Eva Presley (not her real name) learned this the hard way earlier this year when she fell victim to a rental scam. She paid £3,500 upfront for a bedroom in London that turned out to be non-existent, joining the growing list of people who have been scammed by cyber-criminals. In this article, we have covered some tips to help you identify and avoid scams when renting, stay digitally safe, and protect yourself from such fraudulent schemes.
Pay attention to both the ad and the agency, or landlord behind it
One of the first things to look out for is an unusually low rental price, as it could be a sign of a scam. Always compare the price with other ads of similar properties in the same area, and check the reviews. Positive reviews from previous tenants can be a good sign, but it’s also important to remember that they should not be the only factor in your decision-making process.
The payment method
When it comes to payment methods, it’s best to avoid bank transfers if possible and opt for debit or credit card payments instead. The latter provides an extra layer of security, as banks have an anti-scam system that checks the accuracy of the account in advance.
The Contract
It’s also important to ensure that you have a written lease agreement, as a verbal contract has no validity and may not hold up in court if there are any disputes in the future.
The Property
Upon arrival at the property, be sure to check everything with the landlord or agent, and report any damages as soon as possible.
A reliable property search platform
Finally, consider using a reliable property search platform such as Spotahome, which checks the properties listed on their website beforehand and produces the copy and visual material themselves. This can provide peace of mind and ensure a safe experience for both tenants and landlords.
Renting a home online can be a great way to find your dream home, but it’s important to be cautious and aware of potential scams. By following the tips above, you can protect yourself from falling victim to cyber-criminals and enjoy a safe and enjoyable renting experience.