We have now been made aware of another ‘Agent’ that has ceased trading owing thousands to landlords and tenants (clicke here for more info. In these constrained and frugal times, you can see why this happens. We use the analogy of Barings Bank as an example. Once you start on the slippery slope and dip into the client money, it can only lead to one thing.
In this case, it is reported that the ‘Agent’ has left owing over £400.000. Surely, it is time that the wider public were made aware of the potential pitfalls of trusting an Agent on merit alone. It is very easy in this modern age to check whether anyone is a member of a reputable body and operates within strict guidelines. All Belvoir Agents are members of Propertymark, The Property Ombudsman. They MUST carry Professional Indemnity Insurance AND Client Money Protection Insurance. Why go anywhere else?
If in doubt …… ASK???
