8 Tips to Avoid Rental Scams

In 2023 there were 5,751 reports of rental scams in the UK- an increase of 23% compared to scams reported in 2021. Unfortunately, rental scams are more prevalent in today’s society with the technological advances we have access to- however, there are measures that tenants can take in order to avoid being deceived by scammers such as the following:

1. Research the listing: Thoroughly research the rental listing and the property. Look for any inconsistencies or red flags, such as unusually low prices or requests for payment upfront.

2. Verify the landlord/property management company: Request to see your letting agency's company house registration number. You can also search online via land registry for the property owner's name and registered address, to ensure they are legitimate.

3. Visit the property in person: If possible, visit the property in person before making any payments or signing any agreements. This will help you verify its existence and condition.

4. Use trusted platforms: Stick to reputable rental platforms or websites with verified listings. Be cautious when using lesser-known platforms or dealing with individuals directly.

5. Verify bank details & be wary of cash-only requests: Scammers often request payment through wire transfers or in cash. Use secure payment methods and avoid making large payments upfront and verify bank details

6. Trust your instincts: If something feels off or too good to be true, trust your instincts and proceed with caution. Don't be pressured into making quick decisions.

7. Read and understand the rental agreement: Carefully read the rental agreement before signing. Ensure that all terms and conditions are clear and reasonable.

8. Seek legal advice if needed: If you have any doubts or concerns, consider seeking legal advice from a professional who specializes in real estate or rental matters.

Remember, staying vigilant and conducting thorough research can help you avoid falling victim to rental scams. You can trust our specialist team at Now Rooms who are a part of the PRS (Property Redress Scheme) and Client Money Protection Scheme to help you find your next home safely and legitimately.