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KEYWORD "CMP" - 80 RESULTS
Client Accounting – what are your options?

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

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

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

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

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

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.

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?

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

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

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

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

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

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

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

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

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

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?

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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’

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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’

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

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

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'

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

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

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

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

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

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

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

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

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

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?

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

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

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

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

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

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

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

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

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

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'

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

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

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

This week over 3,000 letting agents from across the UK will be taking part in the fourth annual SAFEagent Awareness Week...

01 June 2015

From: Breaking News

Letting agents must publish fees from today

It is now a statutory duty for letting agents to fully publicise the fees they charge to landlords and tenants.  Under the...

27 May 2015

From: Breaking News

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