A new initiative backed by the Government and founded by some large Agents in the UK, including Belvoir! has been launched to show the public that not all agents are the same. The ‘Propertymark’ mark has strict criteria of membership, not least of which is the mandatory requirement for Client Money Protection Insurance and a separate ring fenced client account for any monies paid.
This is a little late for some landlords and tenants who have been the victim of unscrupulous agents not adhering to the required guidelines. Click here for the latest example of suspected fraud.
An official announcement from the Government is expected shortly, so look out for the Logo on agents’ literature to be sure you’re in Safe Hands
