Make Client Money Protection mandatory says ARLA
Both the Association of Residential Letting Agents (ARLA) and the National Association of Estate Agents (NAEA) have called on the new housing minister, Gavin Barwell, to make Client Money Protection mandatory for letting agents. Both David Cox, managing director of ARLA, and Mark Hayward, managing director of NAEA have said that only such a move can provide the necessary level of protection for both landlords and tenants.
The pair also want the government to have a rethink on its proposals to privatise the Land Registry suggesting that such a move could lead to a lack of transparency in transactions and could reduce the quality of information available from the Registry.
Full story available from LettingAgentTODAY: https://www.lettingagenttoday.co.uk/breaking-news/2016/7/arla-calls-on-housing-minister-to-make-client-money-protection-mandatory