Propertymark is urging member agents in Wales to attend a so-called Cultural Awareness Course which will explain their responsibilities under the...
Archive
![Looking for a client account? Five steps to better lettings banking](/upload/images/adv-2021/sponsored-content/PayProp/Letting%20agent%20today_640x460px.jpg)
You don’t have to simply accept things as they are when it comes to managing your client accounts. If your bank...
19 April 2024
From: Sponsored Content
![Client Accounting – what are your options?](/upload/images/Back-link-images/2023-24_2%20(FEB)%20-%20IMAGE%20Client%20Accounting%20%E2%80%93%20what%20are%20your%20options.jpg)
The benefits for letting agents to outsource their client accounting is well documented, however with an increasing number of options available,...
31 January 2024
From: Sponsored Content
![Neil Cobbold, Managing Director at PayProp UK](/upload/images/400x310.png)
Who are you and what does it say on your business card? Neil Cobbold, Managing Director What is PayProp and what does it...
08 January 2024
From: 60 Second Interview
![Client money accounting made easy with PayProp](/upload/images/adv-2021/sponsored-content/PayProp_SC_Oct23.png)
A client account is essential to your lettings business, but the rules and regulations you need to follow to keep this...
26 October 2023
From: Sponsored Content
![Propertymark fees remaining the same in 2024](/upload/images/shutterstock_1680023842.jpg)
Trade body Propertymark says fees will remain unchanged next year. “We’d like to thank all our members for their continued commitment to...
20 October 2023
From: Breaking News
![5 Reasons to outsource your client accounting](/upload/images/adv-2021/sponsored-content/The-Lettings-partnership/2023_6%20(APR)%20-%20IMAGE%205%20Reasons%20to%20Outsource%20Your%20Client%20Accounting%20(360%20%C3%97%20280px).png)
As a dedicated letting agent, or estate agent with a lettings portfolio, you already have a lot on your plate. Managing...
18 April 2023
From: Sponsored Content
![Trading Standards warning after big fine imposed on agency](/upload/images/Shutterstock-only%20images/Rental%20Market/Fine-400x310.png)
Trading Standards is reminding letting agents of their legal obligation to protect money they are holding on behalf of a client...
10 March 2023
From: Breaking News
![Got CMP coverage? Best to be sure, as some agencies are getting into a fine mess.](/upload/images/adv-2021/sponsored-content/PayProp/360x280px_Cmp.jpg)
The law is clear – agencies in England, Scotland and Wales need a valid client money protection (CMP) policy to protect...
23 February 2023
From: Sponsored Content
![Are Trading Standards officers checking your agency’s website?](/upload/images/Shutterstock-only%20images/PropTech/PropertyFind1-400x310.png)
Trading Standards officers check for agents’ compliance by scrutinising their websites, it’s being claimed. Agents are being warned to ensure their websites...
20 February 2023
From: Breaking News
![Agents Warned: hefty fines if firms found to be non-compliant](/upload/images/Shutterstock-only%20images/Rental%20Market/Fine-400x310.png)
A PropTech expert is warning that letting agents can expect hefty fines if they fail to comply with complex Client Money...
16 February 2023
From: Breaking News
![Lettings in the spotlight as current and future regulations hit the headlines](/upload/images/adv-2021/sponsored-content/PayProp/shutterstock_1145842904.jpg)
We’re only in February and it’s already clear that this year will set the future direction of the private rented sector...
15 February 2023
From: Features
![Letting agents don’t get into the business to be accountants! The solution is simple](/upload/images/adv-2021/sponsored-content/The-Lettings-partnership/LAT%20Sponsored%20Content%20lead%20image%2002_23.jpg)
The Letting Partnership has been helping UK agents build successful lettings businesses since 2006. Despite the current challenging financial landscape, The Letting...
10 February 2023
From: Sponsored Content
![Agents contacted about CMP bank account compliance](/upload/images/Shutterstock-only%20images/Rental%20Market/LegalAction-400x310.png)
Property accreditation service safeagent has written to all of its agents in England urging them to check legal requirements when setting...
08 February 2023
From: Breaking News
![Banks are closing their doors to Letting Agents](/upload/images/Back-link-images/banks%20are%20closing%20their%20doors%20to%20letting%20agents.jpg)
UK banks are closing client accounts held by established letting agents and refusing to open accounts for new businesses. The Problem A growing...
19 December 2022
From: Sponsored Content
![Agent Alert - City Trading Standards team begins clampdown](/upload/images/Shutterstock-only%20images/Property%20Market/Compliance-Image-400x310.png)
A council’s Trading Standards team is warning letting agents of a new clampdown on compliance failures. Stoke-on-Trent Trading Standards says it’s received...
09 November 2022
From: Breaking News
![“Landmark” CMP ruling sees huge fine for lettings agency](/upload/images/Shutterstock-only%20images/Rental%20Market/Fine-400x310.png)
Trading Standards is describing a penalty imposed on a London letting agent as “a landmark” after the company failed to comply...
02 November 2022
From: Breaking News
![Client Accounting - Risks and Rewards of Outsourcing](/upload/images/adv-2021/sponsored-content/The-Lettings-partnership/Hello-TLP-360_280.jpg)
The two main reasons that an agency decides to outsource are to reduce costs and to have the ability to focus...
01 August 2022
From: Sponsored Content
![Warning To Agents - compliance crackdown starting shortly](/upload/images/Housing%20Market%20%26%20Property%20Images/ComplianceStamp-400x310.jpg)
Fourteen Trading Standards authorities across a swathe of England are embarking on an enforcement project to check lettings agency compliance. The Central England...
15 July 2022
From: Breaking News
![Client Accounting – Why Outsource?](/upload/images/adv-2021/sponsored-content/The-Lettings-partnership/why%20outsource%20image.png)
The two main reasons that an agency decides to outsource are: 1.) To reduce costs 2.) To have the ability to focus on...
27 April 2022
From: Sponsored Content
![PropTech pledge to agents - this platform is the alternative to a bank](/upload/images/PropTech%20%26%20Online/Digital-Online-400x310.jpg)
LettsPay, an automated service aiming to simplify the reconciling of tenant rental payments, has won investment from the nurtur.group - the...
21 April 2022
From: Breaking News
![Trade body rival to ARLA reports another boost in membership](/img/default/lat.png)
The UK Association of Letting Agents - a trade body rival to ARLA Propertymark - says it’s seen “a robust membership...
25 May 2021
From: Breaking News
![Client Money Protection bank deadline nears, agents warned](/img/default/lat.png)
Letting agents have only 10 days to open segregated client accounts or they could face being expelled by their client money...
22 March 2021
From: Breaking News
![Big fine for London agency without Client Money Protection](/img/default/lat.png)
A lettings agency in central London has been issued with a fine for not belonging to a Client Money Protection scheme. The...
17 March 2021
From: Breaking News
![Clampdown on letting agents backed by local councils](/img/default/lat.png)
A huge trading standards operation clamping down on lettings agents who fail to abide by Client Money Protection rules has been...
25 February 2021
From: Breaking News
![Huge crackdown on letting agents failing to honour CMP laws](/img/default/lat.png)
A clampdown on letting agents who fail to safeguard landlords’ and tenants’ money is now underway. A statement from the National Trading Standards...
24 February 2021
From: Breaking News
![2021 will not hold back Agents who are prepared to adapt](/img/default/lat.png)
With the Government announcement this week of another national lockdown across England amid the surging coronavirus infections, it once again puts...
08 January 2021
From: Sponsored Content
![Agents can do more to speed up transactions by adopting technology](/img/default/lat.png)
Recent debate about urgent need for reform and better collaboration within the property industry, has once again come under the spotlight...
04 December 2020
From: Sponsored Content
![Over 10 agencies a week closing down, claims protection scheme](/img/default/lat.png)
One of the government’s approved client money protection schemes claims over 10 lettings agencies a week are closing. Client Money Protect makes the...
03 December 2020
From: Breaking News
![Agencies should review banking and payments - PropTech chief](/img/default/lat.png)
Letting agencies should review banking and payment systems in the light of rule changes and the ongoing challenge of the pandemic. This advice...
20 November 2020
From: Breaking News
![Keeping the property market moving](/img/default/lat.png)
It’s been an unexpected year for the property market, shaped by the effects of the pandemic. We didn’t quite anticipate the...
27 October 2020
From: Sponsored Content
![Banks Red Tape: Breakthrough for agents on Pooled Client Accounts](/img/default/lat.png)
ARLA Propertymark says there has been a breakthrough on the banking clampdown on pooled client accounts - a pain in the...
10 September 2020
From: Breaking News
![Best agents should demonstrate compliance to expose rogue operators](/img/default/lat.png)
A call has been made for the best letting agencies and other rental sector professionals to show how they comply with...
01 October 2019
From: Breaking News
![Shock claim that one-in-five agents still have no Client Money Protection](/img/default/lat.png)
An estimated 20 per cent of letting agents have still not signed up for a Client Money Protection scheme, six months...
27 September 2019
From: Breaking News
![ARLA tells tenants to “walk straight out” if agent suspected of illegality](/img/default/lat.png)
The Association of Residential Letting Agents is urging tenants to “walk straight out” if they believe an agency is breaking the...
16 September 2019
From: Breaking News
![Warning over charging tenants agent commission as well as repair bills](/img/default/lat.png)
The Association of Residential Lettings Agents has taken legal advice on what can be charged to tenants for so-called ‘contractual damages’. ARLA...
10 September 2019
From: Breaking News
![Agent's fury at three month delay in getting proof of CMP policy](/img/default/lat.png)
A lettings agent says she has just spent three months trying to get evidence of her Client Money Protection policy -...
22 August 2019
From: Breaking News
![Bank client account changes: Agents urged to have a Plan B](/img/default/lat.png)
A leading industry figure is calling on agents to have a Plan B ready if their bank closes undesignated client accounts. This...
21 August 2019
From: Breaking News
![Rogue lettings agency coughs up £16,000 it owes - on TV](/img/default/lat.png)
Two landlords will this evening be seen securing the £16,000 they are owed by a rogue lettings agent - and TV...
10 June 2019
From: Breaking News
![‘CMP will protect clients from agents that go under after Fees Ban’](/img/default/lat.png)
The mandatory Client Money Protection scheme membership that comes into effect today will protect landlords and tenants from letting agents that...
01 April 2019
From: Breaking News
![Five CMP providers but government says more may be approved](/img/default/lat.png)
The government says it is still considering applications to operate Client Money Protection schemes from April, despite approving five schemes so...
13 March 2019
From: Breaking News
![Client Money Protection: more providers win government approval](/img/default/lat.png)
Propertymark’s Money Shield service and the National Approved Letting Scheme have each received government approval to operate Client Money Protection schemes. From...
27 February 2019
From: Breaking News
!['Total loss' client money protection is latest to win government backing](/img/default/lat.png)
Another client money protection scheme has been given approval to launch itself before regulations go live on April 1. From that date...
21 February 2019
From: Breaking News
![Agency hit with fine after failing to give fees, redress and CMP information](/img/default/lat.png)
A letting agent in east London has been fined £4,000 after apparently publishing the incorrect fees that it levies on tenants...
08 February 2019
From: Breaking News
!['Use more than one lettings agent to cut risk' landlords advised](/img/default/lat.png)
New rules to protect rent paid by tenants to letting agents will fail to provide adequate protection for landlords, a trade...
07 December 2018
From: Breaking News
![Ban the Rogue Agents! NALS helps councils get tough](/img/default/lat.png)
The National Approved Letting Scheme has published the latest version of its Effective Enforcement Toolkit - aimed at helping councils clamp...
05 December 2018
From: Breaking News
![New Client Money Protection service launched for managing agents](/img/default/lat.png)
The Association of Residential Managing Agents has launched a first-of-its-kind Client Money Protection to members. Although CMP schemes are to be mandatory...
18 October 2018
From: Breaking News
![Mandatory CMP: PRS and CMProtect taking 'joined up' approach](/img/default/lat.png)
The parent company of The Property Redress Scheme (PRS) says its group companies will be taking a more 'joined up' approach...
03 September 2018
From: Breaking News
![Client Money Protection scheme launched by Propertymark](/img/default/lat.png)
Propertymark has launched a new Client Money Protection system, Money Shield, with a support statement from much of the lettings sector...
23 August 2018
From: Breaking News
![Call for agents to use PropTech to help clean up their act](/img/default/lat.png)
A leading PropTech entrepreneur has renewed his call for letting agents to use more technology to clean up their act when...
05 June 2018
From: Breaking News
![Is your compliance up to scratch? Free refresher webinar for letting agents](/img/default/lat.png)
As part of SAFEagent Awareness Week, which finishes today, letting agents have been provided with a free webinar covering compliance. The webinar...
25 May 2018
From: Breaking News
![Trading Standards to highlight 'effective enforcement' in fight against rogues](/img/default/lat.png)
Today Trading Standards teams across the country will highlight the work they do to protect landlords and tenants from rogue letting...
22 May 2018
From: Breaking News
![Fees ban update: MPs to debate Tenant Fees Bill today](/img/default/lat.png)
MPs will today undertake the second reading of the Tenant Fees Bill which proposes to ban upfront tenant fees and introduce...
21 May 2018
From: Breaking News
![SAFEagent Awareness Week: Consumer money still at risk until April 2019](/img/default/lat.png)
Consumers' money remains at risk until April 1 2019 is the key message of this year’s SAFEagent Awareness Week. Over the next...
21 May 2018
From: Breaking News
![Mandatory Client Money Protection ‘could come in next month’](/img/default/lat.png)
One of the client money protection schemes operating in the lettings sector says he believes agents and property managers could be...
19 March 2018
From: Breaking News
![UKALA in deal to allow total loss client money protection through agents](/img/default/lat.png)
The UK Association of Letting Agents has launched a deal with insurance firm Let Alliance to allow total loss client money...
12 January 2018
From: Breaking News
![ARLA comes out against government-controlled Client Money Protection](/img/default/lat.png)
The Association of Residential Letting Agents has come out against a single government-administered system for Client Money Protection in the private...
11 December 2017
From: Breaking News
![Client Money Protection could make lettings 'most transparent ever'](/img/default/lat.png)
Mandatory Client Money Protection for lettings agents - currently the subject of a formal government consultation - will contribute towards making...
21 November 2017
From: Breaking News
![Concern that Client Money Protection pledge may be forgotten](/img/default/lat.png)
Kitemark-style scheme SAFEagent is calling on the government to ensure plans to make Client Money Protection schemes mandatory are not ignored...
26 October 2017
From: Breaking News
![Thousands of agents to campaign for Client Money Protection](/img/default/lat.png)
This week, thousands of letting agents will be taking part in SAFEagent Awareness Week 2017. Agents taking part in the event –...
15 May 2017
From: Breaking News
![Anti-deposit campaigner warns of Client Money Protection side-effect](/img/default/lat.png)
A leading letting agent campaigning against rental sector deposits is warning that the industry might be hit with “astronominal” insurance premiums...
10 April 2017
From: Breaking News
![Industry joy as government formally backs mandatory CMP for agents](/img/default/lat.png)
There has been widespread pleasure from throughout the industry at the government’s decision to accept the recommendation of a working group...
29 March 2017
From: Breaking News
!['Make Client Money Protection mandatory on agents' government told](/img/default/lat.png)
The working group set up by the Department of Communities and Local Government to consider Client Money Protection says the scheme...
28 March 2017
From: Breaking News
![4 Reasons Why Virtual Furnishing Really Is The Future](/img/default/lat.png)
It seems prop-tech is exploding at a scary rate, and the latest brands are all trying to grab our attention by...
17 March 2017
From: Sponsored Content
![Government considers mandatory Client Money Protection](/img/default/lat.png)
The government has announced in its Housing White Paper that it is still “working with industry experts” to consider whether Client...
08 February 2017
From: Breaking News
![Guarantee blue skies! Bad weather doesn’t mean bad photos when you use Doctor Photo](/img/default/lat.png)
Annoying isn’t it. You take on a stunning property, agree a compelling asking price and your Vendor is desperate to get the...
02 February 2017
From: Sponsored Content
![Just one week for agents to comment on compulsory CMP debate](/img/default/lat.png)
Letting agents have just a week left to add their voice to the debate on whether mandatory Client Money Protection (CMP)...
26 September 2016
From: Breaking News
![How can Agents survive in an increasingly competitive market?](/img/default/lat.png)
The key lies in improving your customer experience through technology For Agents, the tremendous growth in online estate agents highlights a strong...
13 September 2016
From: Sponsored Content
![More support for compulsory Client Money Protection review](/img/default/lat.png)
The Association of Independent Inventory Clerks (AIIC) is the latest industry body to back the Government's review of mandatory Client Money...
13 September 2016
From: Breaking News
![ARLA prepares for raft of legal and regulation changes in 2018](/img/default/lat.png)
A raft of regulatory and legal changes for letting agents in Scotland in 2018 is being flagged up by the Association...
06 September 2016
From: Breaking News
![TPO wants letting agency industry's views on Client Money Protection](/img/default/lat.png)
Lettings agents are being invited to take part in a national online survey launching today and seeking to get an industry-wide...
01 September 2016
From: Breaking News
![Momentum for mandatory Client Money Protection - now ARLA says yes](/img/default/lat.png)
Another major organisation within the private rental sector has thrown its weight behind mandatory Client Money Protection for letting agents in the...
25 August 2016
From: Breaking News
![Industry groups firmly behind call for mandatory Client Money Protection](/img/default/lat.png)
Several influential industry bodies have thrown their weight behind a review into whether Client Money Protection should be mandatory for letting...
24 August 2016
From: Breaking News
![Agents have until October 3 to comment on Client Money Protection](/img/default/lat.png)
Letting agents and others in the industry have until October 3 to respond to a new review in to Client Money...
23 August 2016
From: Breaking News
![Lifting the Lid on Deposit Disputes](/img/default/lat.png)
Our latest infographic shows figures of how the majority of deposits are repaid at the end of tenancy and goes into...
05 August 2016
From: Sponsored Content
![Letting agents set to remind consumers about client money protection](/img/default/lat.png)
Next week letting agents across the country will be taking part in the fifth annual SAFEagent Awareness Week. The event aims to...
03 June 2016
From: Breaking News
![ARLA backs government's U-turn on Client Money Protection measures](/img/default/lat.png)
The Association of Residential Letting Agents has given its support for what appears to be a government U-turn on Client Money...
22 April 2016
From: Breaking News
![SAFEagent demands: 'Reveal how much is repaid when client money is stolen'](/img/default/lat.png)
Compulsory client money protection kitemark organisation SAFEagent says the lettings industry should be making public just how much is paid out...
21 April 2016
From: Breaking News
![Deregulation Act: Agents in the know stand out](/img/default/lat.png)
After the passing of the Deregulation Act deposits deadline this week, Richard Price, Executive Director of UKALA, is in a contemplative...
26 June 2015
From: Features
![The best of SAFEagent Awareness Week 2015](/img/default/lat.png)
As this year’s SAFEagent Awareness Week draws to a close today and thousands of agents have been raising the profile of...
05 June 2015
From: Breaking News
![Agents get behind SAFEagent Awareness Week 2015](/img/default/lat.png)
This week over 3,000 letting agents from across the UK will be taking part in the fourth annual SAFEagent Awareness Week...