Guidance

Applying to become an approved client money protection scheme

Guidance and application form for prospective schemes.

Documents

Applying to become an approved client money protection scheme: guidance

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Application form for approval as a client money protection scheme

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Details

The government has committed to making it mandatory that property agents in the private rented sector holding client money obtain membership of a client money protection scheme. It is intended that these agents be required to obtain protection by 1 April 2019.

Client money protection schemes will be required to obtain approval from the Secretary of State. We have produced guidance for prospective client money protection schemes on the conditions for approval, the application process, and on-going requirements, including the provision of data to MHCLG for monitoring purposes

We have also produced an application form for prospective schemes to use. We will be accepting applications from 27 August 2018. Please note that we will not accept applications before this date. The application form and supporting documentation should be sent to CMPschemes@communities.gsi.gov.uk.

If the attachments to your email are larger than 20MB then you should put these in a zip folder or spread this across several emails, otherwise your application will not be received.

Published 30 July 2018