Client Money Protection

(asked on 20th February 2017) - View Source

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

To ask Her Majesty’s Government whether they will make membership of a Client Money Protection Scheme mandatory for letting and managing agents.


This question was answered on 1st 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.

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