Client Money Protection

(asked on 29th March 2018) - View Source

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

To ask Her Majesty's Government when they intend to issue regulations for Client Money Protection schemes.


This question was answered on 16th April 2018

The Government is committed to making membership of a client money protection scheme mandatory for property agents in the private rented sector. Our response to the recent consultation was published on 1 April 2018, which sets out our implementation approach. We will bring forward secondary legislation to implement our commitment after Easter recess. We intend to give sufficient notice and a transition period for agents to comply with the requirement to join a client money protection scheme.

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