With effect from 1st April 2019 all letting agents must be in a regulated Client Money Protection (CMP) scheme.
We at Sheldon Bosley Knight have been regulated and in a CMP for many years via the Royal Institute of Chartered Surveyors (RICS) who require us to hold out the highest standards when it comes to handling your money. In fact, we are delighted to say that one of our companies was awarded a rating of “Outstanding” in 2017.
From 1st April 2019 all agents must:
- Belong to a Government approved CMP scheme
- Display a certificate confirming this
- Provide clients with the name and address of the scheme of which they are a member
This is not new to us so we do not need to make any changes, although there are many in our industry who will have to catch up. However, if you have any questions please contact us and we will be happy to advise you.