WHAT IS SAFEAGENT
AWARENESS WEEK?
Since its launch last year the SAFEagent campaign has made giant strides in promoting
the importance to landlords and tenants of identifying agents who are part of Client Money Protection
Schemes.
Landlords and tenants often make decisions based on cost but it is important to
ensure you ask your agent for details of the organisation they are regulated by
and whether they are covered by a client money protection scheme. All agents regulated
by NALS, RICS, ARLA, NAEA and the Law Society maintain and operate separate designated
client accounts where your money is held completely separate from the operating
funds of the firm. If the agent you are using cannot provide you with the assurance
of knowing they are covered by a client money protection scheme the question you
need to ask is why not?
There are now over 2000 SAFEagent offices throughout the UK and the numbers
continue to grow. Recognised by Government as a major stride in protecting landlords
and tenants high profile organisations such as CAB, The Property Ombudsman and Ombudsman Services: Property
have added their weight to the campaign.
National SAFEagent Awareness Week taking place from 13 to 18 May 2013 is dedicated
to highlighting further the risks to consumers of using agents who are not part
of Client Money Protection Schemes and informing on how these risks can be avoided;
namely ensuring that they only sign up to letting agents carrying the SAFEagent
logo.
If you are a landlord or tenant you can find details of SAFEagents
on www.safeagents.co.uk