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Property Mark
Client Money Protection (CMP)

It is now also a legal requirement to display a copy of the accounting rules of our client money protection provider. The Propertymark Conduct and Membership Rules can be found here:

Agents complying with Client Money Protection in England

All agents in England whose business covers lettings and property management whereby you hold client money, must belong to a government-approved Client Money Protection scheme from 1 April 2019.

Client Money Protection (CMP) is a compensation scheme which remunerates landlords and tenants if an agent misappropriates rent, deposit or other client funds. It is a requirement for NAEA Propertymark members to have CMP if their business includes lettings or property management, ensuring the membership obtained has the level of compensation available which isn’t less than the maximum amount of client money held.

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