Mandatory client money protection
Guidance for local authorities on the enforcement of mandatory client money protection.
Applies to England
Documents
Details
The government has made it a legal requirement that property agents in the private rented sector holding client money must obtain membership from a government approved client money protection scheme from 1 April 2019.
This statutory guidance has been prepared as a guide for enforcement authorities to help them understand how to use their new powers to enforce mandatory client money protection.