Paypal Protection for Rental of Holiday Property

Fergleys83
New Community Member

We are looking to book a long weekend in the UK and the property only allow payments via bank transfer or Paypal. Before I give up on the idea, can anyone tell me if I'm covered via PaylPals Buyer Protection should any issues arise, particularly for Bankruptcy. I cant find anything re bankruptcy in the help section and messaging PayPal directly has been useless. The holiday is a sizeable figure due to the number of people going - in total including security deposit its £7k - hence our reluctance

 

I believe that as I would be paying via PayPal my credit card would no longer cover me should anything occur - so all protection would have to come from PayPal

 

The other complication is that the property want a deposit now and so this would be paid now - which means it would fall outside of the 180 day window

 

I think its a no but just thought I would give it one more try to find an answer.....

 

thanks 

 

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1 REPLY 1

kernowlass
Esteemed Advisor
Esteemed Advisor

@Fergleys83 

 

Personally no way would I risk that amount of money paying via paypal.

Secondly outside of 180 means no buyer protection.

Lastly as they only want bank transfer or paypal I would run a mile.

Just my personal opinion though. 


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