Rental Scams in Self Catering Holiday Home
the middle of 2004 numerous owners of self catering holiday
homes who advertise their properties on the Internet have
been targeted on a rental scam.
scam works by the enquirer sending a cheque far in excess
of the requested sum, and then requesting a refund for the
difference. After repaying this the property owner will
find that original cheque has bounced or is bogus.
person in France had the experience of receiving a Euro
Draft that was actually twice the amount required. This
was paid into their bank. A few days later they were bombarded
with emails from the sender demanding the balance to be
sent via a courier postal company immediately.
their policy is not to send contracts before monies have
been cleared and actually in their bank account. Their bank
informed them that this would be fifteen days to clear the
payment cheque. Well fifteen days passed and just as they
were about to send the extra overpaid amount, they double
checked with their bank only to find that the whole cheque
lot of people are initially taken in as the applicant makes
a very attractive offer. They want to rent the property
for several weeks in a quieter season when bookings are
scarce. The offer of rent sounds good particularly if the
owner of the property has a mortgage to cover.
the applicant never appears as he/she only communicates
by email.These emails do not always make too much sense
as the property owner for example could have been advertising
a four bedroom luxury villa and the email will say that
they want to rent a room/apartment
and even bring their own furniture.
Suter is a Director of JML Property Services - http://www.jmlvillas.com
a UK based company offering Insurance products on line and
a holiday home advertising service and management training
with in the uk. He is a very experienced property consultant
with over 30 years work in the Residential letting business
and served in the national council of ARLA. He is a Fellow
of the National Association of Estate Agents (NAEA) and
a Member of The association of Residential Letting Agents
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