Tagged: Client Money Protection

Winter is setting in but no freeze on rent or tenant demand

Winter is setting in but no freeze on rent or tenant demand

This month there have been many stories in the press about the positivity of the private rented sector.  At the beginning of the month it was reported that tenants have rebuilt their financial position, with...




Consumer Rights Bill to require letting agents to display whether they offer client money protection (CMP)

Consumer Rights Bill to require letting agents to display whether they offer client money protection (CMP)

In a surprise move yesterday the Government amended the Consumer Rights Bill to require letting agents to display whether they offer client money protection (CMP).  This amendment has been welcomed by SAFEagent, who had wrote...




99.5% of people have no knowledge of tenant protection scheme

99.5% of people have no knowledge of tenant protection scheme

Research from sales and lettings firm KIS shows that just 1 person in 200 is aware of the existence of a government scheme designed to protect tenants. As of October, letting agents have been...




Minister rejects calls from SafeAgent to make CMP compulsory

Minister rejects calls from SafeAgent to make CMP compulsory

Housing minister Brandon Lewis has said in a letter to John Midgley, chair of SAFEagent that he has “no plans to make CMP compulsory.”  Although disappointed by this SafeAgent is committed to and will...




Immigration Checks and a Code of Practice for the Private Rented Sector

Immigration Checks and a Code of Practice for the Private Rented Sector

The beginning of this month seen the announcement of a pilot area for landlords being responsible for checking the immigration status of their tenants.  The pilot area chosen was the West Midlands, with Wolverhampton...




Official code on lettings published

Official code on lettings published

Endorsed and commissioned by the UK Government, a new code has been published for the private rented sector. While parts of the code relate to mandatory legislation, most of the code sets out a...




Housing minister to unveil new code for the private rented sector

Housing minister to unveil new code for the private rented sector

The UK housing minister, Brandon Lewis, will today unveil a new code for the private rented sector designed to provide guidance on how to achieve high standards. Aimed particularly at new and inexperienced landlords,...




Ministers urged to make Client Money Protection a legal requirement

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...




Property Ombudsman calls on agents to have Client Money Protection

Property Ombudsman calls on agents to have Client Money Protection

In the wake of several cases where landlords have lost thousands of pounds in rental income the Property Ombudsman has called for all letting agents to have Client Money Protection. Such insurance protects agents...




SAFEAGENT AWARENESS WEEK 12 to 18 May 2014

SAFEAGENT AWARENESS WEEK 12 to 18 May 2014

Since its launch last year the SAFEagent campaign has made giant strides in promoting the importance to landlords and tenants of identifying agents who are part of Client Money Protection Schemes. Landlords and tenants...