Guidance – Client Money Protection
Government have published Guidance on Client Money Protection for letting and management agents. From 1 April 2019, all property agents in England’s private rented sector holding client money must belong to a government-approved Client Money Protection scheme. Agents must also: Hold client money in a client money account with a bank or building society authorised […]
Guidance on Fitness for Human Habitation Act
Government have issued Guidance to help tenants, landlords and local authorities understand the Homes (Fitness for Human Habitation) Act 2018, which comes into force on 20 March 2019. The guidance explains the minimum standards required to let domestic property under the Act. It is designed to ensure that all rented accommodation is fit for human […]
NALS CEO Talks CMP
“There’s been a lot of discussion in the trade media over the past couple of weeks about Client Money Protection for letting and management agents, as the newly approved CMP schemes are announced and the deadline for mandatory CMP approaches on 1 April. “NALS, a not for profit organisation, is proud to be one of […]
New rules to better protect renters’ money
All private rented property agents will have to sign up to a government-backed client money protection scheme protecting renters’ and landlords’ money under new laws unveiled today. Housing Minister Heather Wheeler MP has brought forward new legislation to strengthen protections for money held by property agents. Under the new regulations taking effect from 1 April, […]
safeagent Free webinar: Tenant Fees Bill with Woodstock Property Law
This webinar is in conjunction with Carly Jermyn from Woodstock Property Law, providers of our legal helpline. Carly will discuss the new legislation which comes into force on 1st June 2019 and the potential impact it could have on agents and their landlords. NOTE: The webinar is between 3:00 and 4:00 pm; please ensure your […]