SAFEagent is calling on the government to use the passage of the Housing Bill through Parliament to make a Client Money Protection scheme a mandatory requirement for all lettings and management agents.
SAFEagent - launched in 2011 and with over 3,000 offices signed up to the consumer awareness campaign - has campaigned to raise consumer awareness among landlords and tenants of the need to ensure they use professional agents who are covered by such a scheme.
“We welcome the positive action the Government is taking to deal with rogue landlords and agents. Mandatory membership of a redress scheme for all agents was a step in the right direction but consumers get no recompense through those schemes if an agent misappropriates their money” explains SAFEWagent chairman John Midgley.
“Only by introducing a mandatory requirement for agents to be included under a CMP scheme can the consumer be afforded that protection” he insists.
Midgley is now writing to housing minister Brandon Lewis on the issue.