TheSAFEagent campaign is aimed at raising awareness of the logo to look for to denote where tenants’ and landlords money is protected by a Client Money Protection Scheme.
With over 1,200 lettings and managements agents now registered to use the logo, consumers should always look for the easily identifiable mark. The launch of SAFEagent follows a number of high profile media cases where unscrupulous letting agents have absconded with tenant and landlord funds.
The logo has been launched for letting agents by letting agents with the aim of identifying agents in Client Money Protection Schemes and highlighting the risks of using ‘uninsured’ agents.
Lee Griffiths, Director at Martin & Co Letting Agents in Hinckley says:
“We want every tenant and landlord that we welcome through our doors to have peace of mind when it comes to client money protection. And, this is exactly what we can reinforce now that we bear the SAFEagent logo.
The message to prospective tenants or landlords is simple, if you are looking to rent or let you should ensure that the letting agent is part of a client money protection insurance scheme.
All agents regulated by ARLA, like ourselves, maintain and operate designated client accounts where clients money is held completely separate from the operating funds of the firm. If the agent you are using cannot provide you with assurance of knowing they are covered by a client money protection scheme, or are not a member of a regulatory body with supporting qualifications, the question you need to ask is why not?”
SAFEagent is also backed by industry and consumer organisations such as Shelter, CAB, NUS, the British Property Foundation, the Trading Standards Institute, the Council of Mortgage Lenders, and the Property Ombudsman.
For more information on the SAFEagent campaign, please visit www.safeagents.co.uk, or contact Lee or Steve at Martin & Co Hinckley on 01455 268 982.
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