Top 10 Scams to Watch Out for When Looking for Student Accommodation

Stay Smart: Scams to Avoid When Searching for Student Accommodation

Securing suitable student accommodation is a pivotal step in your academic journey. However, the increasing prevalence of rental scams necessitates vigilance. To safeguard yourself, be aware of the following common scams:

Nonexistent Listings

Scammers create attractive advertisements for properties that don’t exist or aren’t available for rent. They often use photos and descriptions from legitimate listings to make their offers appear authentic. Once you express interest, they pressure you into making a deposit, only to disappear afterwards.

Hijacked Ads

In this scenario, fraudsters replicate legitimate property listings, altering contact details and sometimes the rental price. When contacted, they pose as the property owners or agents, convincing you to pay deposits or rent upfront.

Too-Good-to-Be-True Deals

Listings that offer exceptionally low rent or luxurious amenities at a fraction of the market price are often bait. These deals are designed to lure you into making hasty decisions without proper verification.

Pressure to Pay Immediately

Scammers often create a false sense of urgency, claiming there’s high interest in the property to pressure you into making immediate payments without adequate due diligence.

Requests for Unusual Payment Methods

Be cautious if asked to pay via wire transfers, cryptocurrency, or other non-traditional methods. These payment forms are hard to trace and often irreversible, making them a favourite among scammers.

Unwillingness to Meet in Person or Provide a Tour

If the landlord or agent refuses to meet face-to-face or provide a virtual tour of the property, it’s a significant red flag. Legitimate landlords will accommodate reasonable requests to view a property.

Incomplete or Vague Lease Agreements

A legitimate rental agreement should detail terms, conditions, and responsibilities. If presented with a lease lacking specifics or containing ambiguous language, proceed with caution.

Overpayment Scams

In this scheme, a scammer poses as a prospective roommate or subletter and sends you a check exceeding the required amount, asking you to refund the difference. Eventually, the original check bounces, leaving you at a loss.

Fake Reviews and References

Some scammers provide fabricated reviews or references to build credibility. Always verify references independently and be sceptical of overly positive or generic testimonials.

Unverified Third-Party Platforms

While many legitimate rental platforms exist, scammers also operate fake websites or listings on less regulated platforms. Always use well-known, reputable websites and verify the authenticity of listings through multiple sources.

Protective Measures:

• Verify Listings: Conduct reverse image searches of property photos to check for duplicates elsewhere online.
• Visit Properties: Always visit the property in person or arrange for a trusted person to do so on your behalf.
• Use Reputable Platforms: Utilize established rental platforms and be cautious of deals found on social media or less-known websites.
• Consult Your Institution: Many educational institutions offer housing resources or can recommend trusted landlords and listings.

By staying informed and exercising caution, you can navigate the housing market safely and find student accommodation that suits your needs without falling victim to scams.

Also read: Meta Rolls Out Global Anti-Scam Tools to Protect Users This Holiday Season