Consultation outcome

Mandatory client money protection schemes for property agents

• From: Ministry of Housing, Communities & Local Government
• Published: 1 November 2017
• Last updated: 1 April 2018 — See all updates

Applies to England

This consultation has concluded

Download the full outcome

Mandatory client money protection schemes for property agents: government response

Ref: ISBN 978-1-4098-5226-1

PDF, 351 KB, 14 pages

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Detail of outcome

This document sets out the government’s response and proposed approach for implementing mandatory client money protection for property agents in the private rented sector.

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Original consultation

Summary

We are seeking views on how membership of mandatory client money protection schemes in England should be designed, implemented and enforced.

This consultation ran from
9am on 1 November 2017 to 11:45pm on 13 December 2017

Consultation description

Client money protection schemes give landlords and tenants confidence that their money is safe when it is being handled by an agent. Where an agent is a member of a client money protection scheme, it enables a tenant, landlord or both to be compensated if all or part of their money is not repaid.

This consultation paper invites views and comments on how membership of mandatory client money protection schemes for letting and managing agents in England should be designed, implemented and enforced.

Documents

Mandatory client money protection schemes for property agents: consultation

Ref: ISBN 978-1-4098-5127-1

PDF, 388 KB, 19 pages

This file may not be suitable for users of assistive technology.

Request an accessible format.

If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email alternativeformats@communities.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Published 1 November 2017
Last updated 1 April 2018 + show all updates

1. 1 April 2018

   Added government response to the consultation.

2. 1 November 2017

   First published.