UPDATED 29 MARCH 2019 TO INCLUDE RICS – DETAILS BELOW
As of 1 April 2019 all letting and managing agents will be required to hold client money protection insurance.
There are a limited number of schemes approved by government:
Money Shield – owned jointly by Propertymark and The Dispute Service and offered to non ARLA Propertymark members, meaning agents can sign up without having to join the trade body
UKALA (UK Association of Letting Agents)
The scheme is underwritten by insurers Hiscox and regulated by the Financial Conduct Authority in the UK, and is open to all property agents and professionals who are UKALA members
Tel: 020 7820 7900
Head Office Tel: 0)24 7686 8555