HomeLet supports SAFEagent


The UK’s largest supplier of referencing to the lettings industry, HomeLet, is the first company in the UK to support a scheme aimed at making the lettings industry more regulated.

The SAFEagent campaign helps to protect landlords’ and tenants’ money by allowing them to identify which letting and management agents are covered by client money protection schemes – therefore keeping their business and money safe.

Agents who sign up to the scheme display the SAFEagent logo to show consumers they are fully regulated and that their money is held completely separate from the operating funds of the firm.

It is fast becoming recognised as the mark to look for to take the risk out of the rental sector, and has already been recognised by the Government and key industry organisations such as Shelter, NUS, Trading Standards Institute, Council of Mortgage Lenders, Residential Landlords Association and the British Property Federation.

HomeLet’s Managing Director, John Boyle, says:

“SAFEagent is a mark of integrity and protection for landlords’ and tenants’ money. We believe that having this protection in place should be a pre-requisite for lettings and management agents that are professional operators.

“We’re delighted to be the first supplier to align ourselves to this campaign and will be looking to raise awareness among our clients of the SAFEagent mark and encourage them to get registered. The message ultimately to consumers is simple – be safe…choose a SAFEagent when you rent or let.”

SAFEagent has been set up “by the agents for agents” and a group of well-known firms in the sector are behind the initiative. In the wake of a series of high profile media cases where lettings agents have absconded with client funds the SAFEagent mark offers peace of mind to landlords and tenants.

SAFEagent has reported a massive uptake with over 1,000 agents immediately subscribing since the launch a month ago. Nick Cooper, MD Northwood and Chair of the SAFEagent Steering Group says:

“Consumers want and deserve protection, and SAFEagent does just that. We’re delighted that HomeLet has led by example as a key partner to take forward the campaign to ensure that in future the SAFEagent mark will be the mark of choice when dealing with a lettings and management agent.”

To find out more, please visit www.safeagents.co.uk.

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Notes to Editors

About SAFEagent
SAFEagent – Safe Agent Fully Endorsed – is a reliable mark denoting firms that protect landlords and tenants money through Client Money Protection schemes. Set up ‘by the industry, for the industry’ and recognised by the Government, it is supported by Shelter, NUS, Trading Standards Institute, Council of Mortgage Lenders, Residential Landlords Association, The Property Ombudsman Scheme and the British Property Federation.

The SAFEagent steering group comprises:
Northwood; Belvoir; Bushells; Foxtons; Touchstone; Winkworth; Young London.

How to register for SAFEagent
Registration is very simple. Simply download a form from www.safeagents.co.uk or contact 0845 519 7992 for more information. Details a firm will need to provide include:

• Name of the Client Money Protection (CMP) scheme the firm is signed up to
• The renewal date for the Scheme
• Confirmation of the industry organisation the firm is part of and annual renewal date

Firms will be asked to meet the Terms and Conditions of the SAFE mark. The SAFE mark will be available for use by all agents in CMP schemes. It will be free for agents to register and a nominal charge of £50 for a single office firm for marketing material**. Multi-site firms will pay an additional £10 per office.

** The SAFE marketing pack will include a certificate, window stickers, window cards, template press release, leaflets and other marketing material.

SAFEagent Press Information:
Please Caroline Hole-Jones at The Splash Partnership: 01225 318000.

About HomeLet
HomeLet is the UK’s largest tenant referencing, Rent Guarantee and specialist insurance provider for the lettings industry and has around 3,000 approved letting agents nationwide. HomeLet have been supporting letting agents since 1992.

It is estimated we help to move around one third of the UK’s tenants move home every day through our referencing process.

HomeLet was also awarded silver in the Supplier of the Year category at the 2011 Estate & Letting Agent Awards (ESTAs). The ESTAs are the letting industry’s most prestigious awards, and HomeLet was the only lettings supplier to be recognised at this year’s ceremony.

HomeLet Press Information:
For further information from HomeLet please contact Chloe Butterick at HomeLet on 01522 838577 chloe.butterick@HomeLet.co.uk

www.homelet.co.uk, www.homeletuk.com/blog, www.facebook.com/homelet, www.twitter.com/homelet

HomeLet is a trading name of Barbon Insurance Group Limited which is authorised and regulated by the Financial Services Authority. Registered in England number 3135797. Registered office address: 4-9 Highview, High Street, Bordon, Hampshire GU35 0AX.

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