We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Landlord requests rent in cash
MichaelF
Posts: 16 Forumite
Hi everyone,
I'm posting my thread on this board as it seems the right place.
I'm renting a flat for 6 weeks and the landlord has asked if I can make the payment in cash, which makes me uncomfortable as we are talking about a few thousands pounds.
Is this normal? If so, how can I make sure this is a secure transaction and I get some sort of proof of purchase?
Thanks
I'm posting my thread on this board as it seems the right place.
I'm renting a flat for 6 weeks and the landlord has asked if I can make the payment in cash, which makes me uncomfortable as we are talking about a few thousands pounds.
Is this normal? If so, how can I make sure this is a secure transaction and I get some sort of proof of purchase?
Thanks
0
Comments
-
Ask him/her to sign a receipt.
Paying rent in cash is not unusual.0 -
Thanks. Will an informal... "I can confirm I have received xxxx amount from...." Type of doc be ok?0
-
Just a short term private tenancy agreement of 6weeks (residential, non commercial) , I guess the technical term would be assured short tenancy?0
-
Just a short term private tenancy agreement of 6weeks (residential, non commercial) , I guess the technical term would be assured short tenancy?
Just checking it's not an AirBnB style lease.
I don't see the issue to be honest. Just curious, why is it 6 weeks only? Is it a work thing or an emergency move or?0 -
My parents are coming over for a few weeks to help with our newborn baby.
The landlord has used Airbnb in the past, I know that. It's just more work for me to be honest and I was afraid of not having proof of purchase, the easiest is to transfer the money, it takes no time.0 -
I’d be wary.
Have you checked the ID of the landlord? Do you know that he owns the property?
Where did you find the property?
Short term rental, paid in cash, smells dodgy to me. say the “landlord” doesn’t own the property, you have over the cash, he disappears, keys don’t work in the lock, phone is unanswered.....I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0 -
I would also be very wary.
Are you sure you know who the person you're talking to is?
For example, have you seen photo ID plus bank statement with address?
A scam that is sometimes used....- An outgoing tenant knows their LL's name is "Peter Smith", so they introduce themselves as "Peter Smith".
- A land registry check confirms that the property is owned by "Peter Smith", an old AST (and other docs/letters) also confirm "Peter Smith's" connection with that property.
- (And it's easy to set up an email address like "petersmith1771@gmail.com")
- So you pay the cash to the person claiming to be "Peter Smith" and you never see them (or your cash) again.
How/where did you see the flat advertised?I was afraid of not having proof of purchase, the easiest is to transfer the money, it takes no time.
You should be more afraid of being scammed.
A bank transfer might only give you a limited amount of extra protection. Even if you put in a payee name of "Peter Smith" (with sort code and account number), the name will not be checked.
However, new banking rules might mean that it's easier to eventually get the money back, if it's a scam.0 -
Ask for his ID and a copy of the insurance for the property or tax statements.0
-
It's unusual though Iguess there are various possible valid reasons for cash. One might be he's got an overdraft and any £ going into the account would vanish into his bank's pocket whereas he might prefer it in his own!
Or could be the rent is being hidden from HMRC. Or hismortgage lender....
Or i could be a scam.
Certainly check the ID of the 'landlord', and get a writen receipt clearly showing amount paid, date, an what it is for (tenancy at [addres[])
Not sure you can demand sight of insurance - there's no law requiring a property to be insured.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.3K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.3K Work, Benefits & Business
- 601.1K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards
