Recently the Client Money Protection Schemes for Property Agents Regulations came into force.
The purpose of the Regulations is to give landlords and tenants confidence that their money is safe when being held by an agent and to make client money protection schemes compulsory.
A property agent must be approved by a Government designated scheme. This is part of the professionalism now being introduced into the property sector.
For more information regarding estate agent or property law please call Lisa Nyland on 01206 239760 or email email@example.com.