4 May

Client Money Protection, CMP, to be made a mandatory requirement for all LETTING AGENTS

Client Money Protection, CMP, to be made a mandatory requirement for all LETTING AGENTS

It has been announced that ARLA Propertymark's campaign for mandatory Client Money Protection (CMP) has finally been won. The Government has laid regulations that, if passed by parliament, will require all agents managing lettings in England to belong to an approved CMP scheme by 1 April 2019.  This is great news for the LETTINGS industry and the property sector as a whole.

As ARLA Propertymark members, we do already have CMP (Client Money Protection) in place as standard. 

"CMP protects landlords' and tenants' money, it ensures that their money is protected even if the worst happens: the agent goes bust or runs off" David Cox; ARLA Propertymark Chief Executive.

#lookforthelogo 

For further information on the importance of CMP contact us or see www.propertymark.co.uk 

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