Client Money Protection now mandatory for letting agents in England

By Victoria Barker

All letting agents in England must now be signed up to a Government-backed Client Money Protection scheme, or they could face a £30,000 penalty. Client Money Protection ensures any money paid by the landlord or tenant, so that if it is stolen by the agent, the landlord is covered. Under the Client Money Protection regulations, […]

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Source:: Residential Landlords Association News