Client money protection
The Government has committed to requiring all property agents in the private rented sector to obtain membership of an approved Client Money Protection Scheme by 1st April 2019. CMP is a compensation scheme which recompenses landlords and tenants should an agent misappropriate their rent, deposit or other client fund. This is great news for the industry and offers protection and security to landlords and tenants. Outsourcing to Green Door means that this is already taken care of for you as we handle all client money on your behalf.