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Rental Fraud: How to Protect Yourself

Rental Fraud: How to Protect Yourself

New Home Office figures show there were 5,000 reports of rental fraud last year, alongside losses of £9 million.

Renters aged 18 to 29 accounted for 48% of all reported cases.

One common scam is where fraudsters advertise properties on social media that do not actually exist or are not theirs to let out.

Warning signs ⚠️

Rental fraudsters target tenants who are on a tight budget and in a hurry.

They usually advertise properties at rents far below market levels, and demand money in advance just to arrange a viewing.

Stay safe 

The Home Office advises renters not to rush into a decision or pay any money before they’ve viewed a property.

The best way to find genuine rental properties is to use a reputable local letting agent.

01724 487297 
info@jc-property.co.uk

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