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Private let advice
Comments
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Honestly bank transfer is no safer than cash, your bank wont refund it
It's not really correct to say that a a bank transfer is no safer than cash.
If you have been the victim of fraud...
- you can ask your bank to recover the transferred funds (they may or may not be successful)
- you can report it to the police. They can get details of the account holder who received the money. (Bearing in mind that you have to prove your identity when opening a bank account.)
So it may not be 100% foolproof, but it's safer than cash.LLs don't need to own the property to rent it out.
That's correct.
So what you do is check whether the LL owns the property.
If they do - that's a good sign.
If they don't - you ask the LL what authority they have for renting it out, and perhaps ask for evidence.0 -
It's not really correct to say that a a bank transfer is no safer than cash.
If you have been the victim of fraud...
- you can ask your bank to recover the transferred funds (they may or may not be successful) - indeed, however that claim does not extend to voluntary payments to a third party.
- you can report it to the police. They can get details of the account holder who received the money. (Bearing in mind that you have to prove your identity when opening a bank account.) - They can, but they wont. It will take up too much resources for a non violent crime.
So it may not be 100% foolproof, but it's safer than cash.
That's correct.
So what you do is check whether the LL owns the property.
If they do - that's a good sign.
If they don't - you ask the LL what authority they have for renting it out, and perhaps ask for evidence.
I'd suggest it's rare a letting agent will do more than a cursory check0 -
If you view and place needs tidying up or repairs and promise it will be done before or soon after you move in - it won't - walk away.0
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Gum tree avoid, I had a few dodgey LL on there. Cash in hand e.t.c"It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"
G_M/ Bowlhead99 RIP0
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