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.
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.
Avery directors; Sarah Tyson, Robert Tyson and Daren Podbury, launched Avery Estate Agents in 1988. Sarah and Daren; two very enthusiastic, well-trained estate agents, alongside Robert; a well-respected entrepreneur within local business, had decided the time was right to open their own Estate Agency.
