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holiday home booking scams

holiday home booking scamsDid you know that there are 14 billion spam emails sent across the world every day? With that sheer volume you’ll not be surprised if one or two pop into your own inbox each day!

Whilst we can all turn a blind eye, perhaps muttering under our breath as we delete them from our rapidly filling inbox, the problem is that some are becoming more and more realistic; the lines between valid enquiries and booking scams are blurring.

This potential problem is further exacerbated for holiday homeowners when you consider that the majority of bookings are now taken online through booking engines. So how do you tell if someone is real or fake so you don’t fall foul of booking scams? A number of incidences have been recently reported where:

  1. holiday homeowners have taken a booking, the person has stayed at the property and;
  2. the payment has subsequently been denied after their departure
  3. the card used had been stolen or impersonated.

So what would you do in these circumstances? You’ve not only lost out on the payment for the stay but also lost out on letting it to someone else. A double loss.

The answer of course is as always to stay vigilant when taking bookings and investigate further if you have doubts over the validity of a potential booking. Here are just a few tips to hopefully help to ensure that fake bookings don’t make it past your proactive safeguards.

Look for some of the more obvious signs of faking

As we’ve already said, email correspondences and online bookings can be very sincere and on the face of it look completely legitimate. However, there are a few red flags that may arouse suspicion:

  1. Not providing a telephone number or other key pieces of verification information – this can be easily solved by making this a compulsory field of any bookings. You could also ask for their home address as a part of this process.
  2. Monitor very late and last minute bookings. If someone has obtained someone’s credit or debit card information, then it’s unlikely they’ll be planning their trip months in advance for fear of being caught. The majority of holiday home scams are concentrated around last minute bookings for short breaks.
  3. Some booking scams have involved individuals ‘arranging a surprise trip’ for someone else. Whilst this in isolation isn’t completely uncommon, if combined with the other potential red flags we’ve already mentioned it may arouse suspicion of scamming.

Trust your own instinct to prevent falling foul of booking scams

If you manage your own holiday home bookings, then you’ll have undoubtedly taken hundreds if not thousands over the years. Trust your instinct; if something around a booking doesn’t feel or smell right then investigate it. Give them a call. Look into things a little further and ask for additional information that would dispel any doubt.

If you’re still in doubt…

Where you have concern over a booking, consider asking for ID and to view the card on which they paid on arrival. If someone has stolen the personal information of another individual, then they’ll not have this to hand.

Use a good holiday letting agent…

Using a good holiday letting agency can also help you stamp out fraudulent or scam bookings. Working with cottage owners in the local area or even nationally, an agency will have an unrivalled knowledge and understanding. Not only will they get you new bookings, but also keep you as safe as possible from would-be scammers.

If you have been a victim of fraud it’s important to report it to the relevant authorities. You can report a fraud to Action Fraud using their online fraud reporting tool or by calling 0300 123 2040.

Boshers are specialist providers of holiday home insurance. For information on how we can help protect your holiday let business ,call us on 01237 429444

payment diversion scams

payment diversion scamsIt’s the time of year when many holiday cottage owners will have used, or be using professional tradespeople to undertake repairs and improvements on their properties ready for a great Easter and summer season.

If you fall into this category we wanted to make sure that you’re aware of a rise in ‘property maintenance payment diversion scams’ over recent months. Some businesses and individuals have been stung by these schemes, so we want you to be vigilant and aware.

How do property maintenance payment diversion scams work? 

Fraudsters have been using emails to trick holiday homeowners and other businesses into transferring money via payment diversion scams.

  • They target those who are expecting to make payments for recent property repairs
  • The scammers claim to be the tradesman who recently completed the work.

Not only do they take on the identity of your authentic tradesman, they use a similar email address which can make the email appear to be the real deal. In the email, they ask for funds to be sent via bank transfer. Once that cash has been sent, they’ve got your money and your real tradesman is asking for payment – leaving you out of pocket.

The risks

The most obvious risk when it comes to these emails is a financial one. Bank transfers have no financial compensation, which means that as soon as you send the money you’re unlikely to get a penny back, even if you discover that it was a fraudulent request. Alternative methods such as credit cards and PayPal provide additional protection that bank transfers don’t offer and can therefore provide cottage owners with more of a financial safety net.

Ensure you don’t click on any links

Most email services have strong junk and spam filters nowadays. However it doesn’t mean that a scam email won’t still find its way into your inbox. The majority of the emails being sent are purely text based, but some may contain a link. If you doubt the authenticity of an email, it’s important that you don’t click on any links. They can often be used to spread a virus into your computer or devise.

What to do

If you’ve recently had work completed on your holiday let, then keep an eye on what arrives in your inbox. First and foremost, check the email address against the one you have previously used in correspondence with the genuine contractor. If the email address is different, it’s probably not the real deal.

You should also check the spelling and grammar. Incorrect spellings and poor grammar are a red flag and suggest that the email could be a payment diversion scam. Professionals take the time to make sure emails are correct, scammers do not.

Even if the spelling is perfect and you don’t think it was sent by a fraudster, always call your tradesman before making any payments. Confirm that they sent you the email, and the payment details.

If you believe you have been a victim of fraud, you can report it online. Use this link http://www.actionfraud.police.uk/report_fraud or call Action Fraud on 0300 1232040.

Boshers offer specialist holiday home insurance to owners across the UK. Require a quote for your holiday apartment, cottage or complex? Please give us a call on 01237 429444.