Leydon Lettings Canterbury Student Housing Phone 01227 713 913; web: www.leydonlettings.co.uk; email: info@leydonlettings.co.uk
21st Anniversary 1987 - 2008 Leydon Lettings Student houses Canterbury Kent www.leydonlettings.co.uk
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ALL STUDENT HOUSES IN CANTERBURY CT1 + CT2 AREAS
Last updated Sunday 24 January, 2010 0:16 AM

Leydon Lettings Student Houses Canterbury to  UKC  CCU &  UCA  students
4 BED     5 BED    and   6 BED   Student Houses in Canterbury Kent in CT1 & CT2 postcodes

Bank mistakes and overpayments
  • Where Leydon Lettings receive an overpayment you will always be refunded.
  • Leydon Lettings first clarify any overpayment will not be, or has not been reversed.
  • Reverse payments occur when you tell your bank they have made a mistake.
  • If your bank agrees the mistake it recovers your money from Leydon Lettings in accordance with banking rules.
  • Where your bank disagrees it made a mistake, it may not reverse the payment. 
  • Meantime processing delays mean you may suffer unavoidable hardship, for which we are sorry. 
  • Do note - Leydon Lettings only receive what is paid to it.
    Leydon Lettings do not take any money from any accounts - ever!
  • Therefore Leydon Lettings are not complicit in any mistaken overpayment.
  • Most students would find delays upsetting, but bank reversal payments are not uncommon.
  • It would be imprudent for Leydon Lettings to simply refund a payment without clarifying the implications.
  • Where the funds have cleared Leydon Lettings is likely to return the payment if there is no risk of a reversal.
  • Where Leydon Lettings receive funds as a result of a bank error (not your error) your bank will first repay you then Leydon Lettings will refund any overpayment directly to your bank - not to you. 
  • Banks may recover mistaken payments from Leydon Lettings after Leydon Lettings have already repaid you.
  • This could then result in you receiving two refunds at Leydon Lettings' expense.
  • In order that Leydon Lettings do not make this mistake students may have to wait during the interim investigation before receiving a refund.
  • Should this cause hardship, students are advised to explain the situation immediately to their own bank.
  • Banks may be more sympathetic, especially to students left in penury by an obvious bank error.
Landlords must be careful!    Fraudsters stating they want to rent a property may pay in advance.
They send a cheque for the total rent or even for more than the total rent.
The "mistaken overpayment"   is then returned, or it is suggested they can no longer take the property for spurious reasons.

The cheque sent to cover the cost of the rent is likely to be stolen or a forgery but may be CLEARED BY OUR BANK INITIALLY.
Some time later when it is discovered that the cheque is fake, payment is stopped and the bank simply claw back the money directly from the landlords account. The naive landlord will lose any monies sent to the fraudster.
Unfortunately the dishonest behavior of a few can adversely affect the majority of honest students.
The moral here is to get payments right at the outset!  Set up a standing order with clear dates and amounts.
Students andany parents paying or contributing should be clear as to who is paying what to avoid genuine double payments. 
If you do make a mistake, the risk of loss is reasonably likely to cause delays until repayment is risk free..