we secure pre-let rental payments
Protect funds paid to a landlord/agent in advance of a renter’s move in date. Most online property frauds result in the theft of money transferred by a renter before the move in date. We hold money in escrow for renters and only release after the move in date. Protect your funds with via Secureprop Escrow – our fee is 3.5% of escrow funds held incl. VAT.
Secure payment system
Compliant Escrow agreement
Secureprop managed process
Robust fraud prevention measure
why Escrow matters
Pre-let rental funds theft is a typical feature of most rental scams. Holding funds in escrow, in a secure manner, protects renter funds and deters fraudulent landlords from proceeding with a scam.
Holding funds in Escrow is recommended by An Garda Síochana as an recommended fraud prevention measure – “where possible to ensure funds are not released until you are certain that it is a legitimate transaction“.
Funds are only released 3 days after a renter moves in the property. This prevents Fraudsters from stealing your deposit, pre-let funds etc. via a robust fraud prevention measure.
Secureprop Escrow can enhance international renter’s chances of securing a property as it enables them to securely pay for properties which they haven’t viewed in person.
transact on any platform
Benefits both landlords and renters. Search for properties or tenants on any platform, including social media, knowing our tools can secure your rental transaction.
Applicable in any renter/landlord transaction
Reduce the overall risk of property fraud
Reduces the reliance on property/renter visits
Protects significant pre-let rent payments
HOW IT WORKS – RENTER
1. OFFER STAGE
You apply for accommodation and receive an offer from a landlord.
You notify your landlord that your preference would be for both parties to verify via Secureprop Escrow (we can provide suggested wording). Contact us at firstname.lastname@example.org to start the process.
Remember Secureprop’s security tools are used after you receive an offer but before you send payment.
2. escrow agreement
We contact both the renter and the landlord to provide additional information and start the process. We prepare an escrow agreement and arrange online signatures for all parties. We can answer any questions that your landlord may have.
Each party receives a signed copy to the escrow agreement along with payment instructions.
The renter transfers Secureprop the agreed amount (can consist of agreed holding fee, security deposit, rental payment in advance).
The landlord provides their bank account details to Secureprop.
Landlord is notified when Secureprop receives renter payment and the funds are transferred within 7 business days of the renter’s move in date.
Get in touch
Contact us today to explore how our housing service could work for you.
Contact us via email and we will endeavor to respond to all enquiries within 48 hours.
The Glasshouse Blackrock, Frascati Hall, Sweetman’s Avenue, Blackrock, A94 F9N7
or Drop us a line…
Please provide as much details as possible including your target move in date, how long you need accommodation for, where you will work/study and any additional details regarding your housing preferences.