Letting Agents

Department for Communities and Local Government written question – answered on 1st March 2017.

Alert me about debates like this

Photo of Baroness Hayter of Kentish Town Baroness Hayter of Kentish Town Shadow Spokesperson (Business, Energy and Industrial Strategy), Shadow Spokesperson (Exiting the European Union), Shadow Spokesperson (Cabinet Office)

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

Photo of Lord Bourne of Aberystwyth Lord Bourne of Aberystwyth The Parliamentary Under-Secretary of State for Communities and Local Government, The Parliamentary Under-Secretary of State for Wales

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.

Does this answer the above question?

Yes1 person thinks so

No0 people think not

Would you like to ask a question like this yourself? Use our Freedom of Information site.