Letting Agents: Licensing

(asked on 12th December 2022) - View Source

Question to the Department for Levelling Up, Housing & Communities:

To ask the Secretary of State for Levelling Up, Housing and Communities, what assessment he has made of the adequacy of existing licensing frameworks for letting and managing agents in England.


Answered by
Felicity Buchan Portrait
Felicity Buchan
Parliamentary Under Secretary of State (Department for Levelling Up, Housing and Communities)
This question was answered on 20th December 2022

Letting or property agents in England for the private rented sector, who hold client money are required by law to sign up to one of six Government approved Client Money Protection schemes. These give tenants and landlords confidence that they can recover any money held by the agent on their behalf that the agent fails to repay - for example because of misappropriation or insolvency.

It is also a legal requirement for letting and managing agents in England to belong to one of the two Government approved redress schemes.

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