Episode Details

Ever wondered if your hefty deposit is safe with your estate agent? We tackle this head-on in our enlightening discussion, revealing the ins and outs of trust accounts. Guiding the conversation with our firsthand experiences, we aim to ease your concerns and shed light on this often nerve-wracking part of property transactions. We discuss the robust regulations and checks in place to safeguard your funds, proving that, contrary to common fears, these accounts are indeed secure and well-regulated. 

As we venture into the digital sphere, we explore the heightened risks posed by scammers and the importance of rigorous checks during money transfers. We address your questions on off-the-plan deposits and reassure you that they remain safe in trust accounts, not in the hands of developers. Lastly, we demystify the complex process of deposit releases, providing you with valuable insights you need for a smooth and secure property transaction. Rest assured, tune in and equip yourself with the knowledge to navigate your real estate dealings with confidence and assurance.