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 often make decisions based on cost but it is important to ensure you ask your agent for details of the organisation they are regulated by and whether they are covered by a client money protection scheme. All agents regulated by NALS, RICS, ARLA, NAEA and the Law Society maintain and operate separate designated client accounts where your money is held completely separate from the operating funds of the firm. If the agent you are using cannot provide you with the assurance of knowing they are covered by a client money protection scheme the question you need to ask is why not?

There are now over 3000 SAFEagent offices throughout the UK and the numbers continue to grow. Recognised by Government as a major stride in protecting landlords and tenants high profile organisations such as CAB, The Property Ombudsman and Ombudsman Services: Property have added their weight to the campaign.

National SAFEagent Awareness Week taking place from 12 to 18 May 2014 is dedicated to highlighting further the risks to consumers of using agents who are not part of Client Money Protection Schemes and informing on how these risks can be avoided; namely ensuring that they only sign up to letting agents carrying the SAFEagent logo.

If you are a landlord or tenant you can find details of SAFEagents on

RentPro cloud based rental property management software for letting agents and landlords.

You may also like...