Managers at internet listings site Gumtree are to meet with the Residential Landlords Association to discuss a spate of fraudulent action.
Recently, there has been a rise in fraudsters posing as landlords online and demanding cash up front for arranging property viewings.
The Residential Landlords Association (RLA) has issued a warning over the online adverts, which have fraudulently used logos from websites. This includes the RLA’s DepositGuard scheme.
Previously, the advertisements have shown an attractive flat at a very generous price. However, when potential tenants try and arrange a viewing, they are often told that the landlord resides a long distance away or even abroad. They are then asked to provide a deposit in order to secure a viewing of the property. In some instances, the fraudsters have asked for up to £1,500.
Once the cash has been paid, the would-be tenants never hear from the scammers again and are left well out of pocket.
Since this warning was issued, Gumtree got in contact with the RLA, stating that their representatives are happy to meet and discuss the problem.
Make sure that your properties are protected from this kind of fraudulent action by taking out the correct insurance policy.