Client Money Protection is now Law!

Client Money Protection (CMP) becomes a legal requirement for all letting agents in the private rented sector in England from Monday 1st April 2019 (TODAY!).

 

CMP protects Landlords and tenants money should an agent go bust or misuse rent, deposits or other funds an agent holds. Every year unprotected Landlords and tenants loose money when funds are misappropriated. The best way to ensure it is kept safe is CMP.

 

At M&M we can proudly confirm that we are an ARLA Propertymark Protected Agent. This means we are members of the Propertymark CMP, we hold our Landlords and Tenants money in a separate account and have this account independently inspected on an annual basis, therefore our Landlords and tenants have nothing to worry about and have the peace of mind that their money is always protected.