Back to News


NALS responds to Client Money Protection Review

28th March 2017

Commenting on the publication of the Client Money Protection Review, Isobel Thomson, CEO, NALS, said:

“There is now clear support across the private-rented sector for mandatory Client Money Protection and we fully endorse the Review’s findings that a coherent implementation is now necessary.

“The Review concludes that agents will not have to source their CMP from agent professional bodies, but this carries the risk that CMP from a plethora of sources could further confuse tenants. That is why NALS has always supported the SAFEagent campaign which offers a single easily identifiable mark for consumers.

“We are in real danger of a ‘piecemeal’ approach if mandatory CMP regulations are not considered alongside the forthcoming ban on letting agent fees. Both proposals will have a significant impact on the market, so we need Government to be thinking in the interests of all in the sector – landlords, agents and tenants before they act and set it within a framework of regulation for all agents.”

To read the review in full, click here

Quote Marks Image Quote Marks Image

Get in touch

If you have any questions about any aspect of the safeagent accreditation scheme or our professional development programme, please don’t hesitate to get in touch with us.

  • We take your privacy very seriously and your information will be used strictly for us to deal with your enquiry and to keep in touch and not shared with any third parties. By submitting your details you agree to the terms of our privacy & cookie policy.

  • This field is for validation purposes and should be left unchanged.

Connect with us


01242 581712



Cheltenham Office Park,
Hatherley Lane,
Cheltenham GL51 6SH