Buying and selling a property is pretty much the most expensive most of us will ever do, so it's more important than ever to follow some simple guidelines when making these sorts of transactions online.
Here at Freeads Classifieds our property section is one of the fastest growing. Not only from the traditional properties to let section but also for homes for sale, both in the UK and overseas. But be careful, we've been alerted to some unscrupulous people wanting to exploit this marketplace and so have advice on how to protect you and your money when buying or selling property online.
We'd advise you to be particularly careful if you receive an enquiry from an overseas buyer about buying your property - especially if they request that you travel to meet them and that all travel expenses will be paid. We've heard of scammers that meet the person selling the property, agree terms in excess of the asking price. But then for alleged 'tax' reasons you are requested to make a payment in cash before being told that full funds will then get transferred within the UK to buy your property. On a return visit with the cash, people have been robbed. Freeads Classifieds recommend that you take professional advice for all property transactions. Enquiries that require you to visit potential buyers when selling a property should be ignored as should any requests for payments in cash.
For more advice on buying a new house, please read this article from the Citizens Advice Bureau on buying a home in England, Wales or Northern Ireland, or buying a home in Scotland.