Landlords and tenants are being reminded of the importance of choosing letting agents who subscribe to Client Money Protection (CMP) schemes.
Now in its third year SAFEagent Awareness Week will take place from May 12 – 18 and will be supported by a raft of regional and national initiatives to drive awareness of the importance of choosing a letting agent that offers financial protection. If a letting agent subscribes to a CMP scheme this means that if it closes or an agent misappropriates client funds, landlords’ and tenants’ monies will be safeguarded. SAFEagent members display easily identifiable logos at their premises.
The majority of Hunters branches are signed up to the SAFEagent campaign. Glynis Frew Director of Hunters Lettings for Hunters Property Group, said: “We’re proud to be part of the SAFEagent campaign and protection of our clients money is paramount.
“There are still far too many stories in the media about rogue letting agents therefore campaigns such as SAFEagent Awareness Week are really important to highlight how landlords and tenants can protect their money.”
John Midgley, chair of the SAFEagent steering group, said: “SAFEagent Awareness Week is the ideal opportunity to remind landlords and tenants of the importance of identifying agents who offer financial protection and the campaign has made giant strides in doing so since its launch in 2011."
“There are still far too many letting agents who do not belong to a recognised body or scheme and it’s important to remind people to do everything they can to ensure their money is sufficiently protected."
“Letting agents who sign up to become a SAFEagent are also reassuring consumers that they subscribe to a defined code of practice and are members of recognised professional bodies or accreditation schemes.”
There are now around 3,000 SAFEagent offices nationwide, demonstrating their commitment to protecting landlords’ and tenants’ finances through CMP schemes. SAFEagents are easily recognisable through the SAFEagent logo and mark which is clearly displayed and marketed by those agents in the scheme.
To find a SAFEagent in your area visit www.safeagents.co.uk