Ministers urged to make Client Money Protection a legal requirement

SAFEagent has called on the government to make Client Monday Protection a legal requirement within the Consumer Rights Bill currently going through the Lords. Currently, no recompense is available if an agent if not covered by a CMP scheme and they misappropriate clients’ funds or use them fraudulently. The SAFEagent scheme was established in 2011 and now has over 3,000 offices registered.

Full story available from Property Industry Eye: http://www.propertyindustryeye.com/housing-minister-urged-make-cmp-legal-requirement/

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