To ask Her Majesty’s Government whether they will make membership of a Client Money Protection Scheme mandatory for letting and managing agents.
1 March 2017
The Government encourages letting and management agents to join Client Money Protection schemes and encourages landlords and tenants to choose agents with Client Money Protection via the Safe Agent Kite Mark. Ministers are reviewing the report of the working group chaired by Baroness Hayter and Lord Palmer of Childs Hill, which considers the available evidence of Client Money Protection in the market today and provides recommendations on whether Client Money Protection should be made mandatory. Ministers will respond to this report setting out next steps in due course.