Student Rental Scams
As you start to look for accommodation for the college year or for summer trips don’t be tricked into paying a deposit for a property that does not exist, has already been rented or is actually a fraudster using a short term let to get you to pay your deposit and not show up on move in day!
Follow FraudSMART’s top tips:
Be Informed:
- Do your homework – familiarise yourself with the average rent prices in your search area. If it seems too good to be true, it usually is!
- Use online maps to double check that the property exists at the address being advertised.
- Check short term rental sites to ensure the property is not being used by a fraudster for “viewings” who will take your deposit.
Be Secure:
- Keep copies of all correspondence between yourself and the advertiser, including bank details and the advertisement itself.
- Use legitimate well-known rental agencies where possible.
- Don’t hand over any money until you have seen the property and are happy with its condition. Once satisfied use a cheque or bank draft to pay the deposit.
Be Alert:
- Don’t make any payments until you have been given the keys and signed the rental contract. Always check that the keys fit the lock.
- Remember, don’t transfer any money unless you have carried out all the relevant checks and you are absolutely sure that the list is genuine.
- Don’t be embarrassed if you have been scammed. Report it to your local Garda Station and contact your bank.
Download FraudSMART’s Rental Scams Leaflet in our resources section here.