Landlords urged to only deal with ‘safe’ letting agents

Letting agents are urging landlords to make sure they only do business with firms offering a money protection scheme.

Firms signed up to the SAFEagent scheme are highlighting that landlords and tenants risk losing thousands of pounds in rents and deposits if an agent outside a money protection scheme shuts.

The most recent firm to go bust in Canterbury owes landlords and tenants more than £410,000.

Receivers have warned creditors are unlikely to see any of their cash.

Read the full story at Property118

RentPro property management software allows you to easily track deposits that are lodged with a deposit protection scheme.

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