SAFEagent Saturday is tomorrow! It is a chance to open our doors to the public and landlords to spread the importance of Client Money Protection Schemes.
SAFE (Safe Agent Fully Endorsed) is a mark that shows a firm protects landlords and tenants money through client money protection schemes.
There are various schemes in the sector governed by ARLA/NAEA, the Law Society, NALS and RICS to which agents voluntarily belong. The capacity of these schemes vary and you should contact your agent for full details of the scheme of which they are a part of.
Landlords and tenants frequently make decisions based on cost but it is important to make sure you ask your agent for details of the organisation they are regulated by an whether or not they are covered by a client money protection scheme. All agents who are a part of ARLA/NAEA, the Law Society, NALS and RICS preserve and manage separate designated client accounts where your money is held completely separate from the operating funds of the firm.
If the agent you are using can’t provide you with the certainty of knowing they are covered by a client money protection scheme the question you need to ask is why not?
For more information please feel free to contact us at:
http://www.thelettingangel.co.uk

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