Beginning 1st April 2019, all residential letting and property management agents that handle client money are legally required to join a client money protection scheme.
What is Client money protection (CMP)?
Client money protection is a form of insurance that protects the landlords and tenants’ money held by a letting agent. If the money is misappropriated, lost, or stolen or if the agent goes into administration, landlords and tenants can contact the agent’s client money protection provider to make a claim for compensation.
All landlords belonging to one of the recognised and approved client money protection schemes are issued a certificate. To view our certificate, please click the button below.