Client Money Protection (CMP)
CMP is a scheme that reimburses landlords and tenants should a letting agent misappropriate their rent, deposit or other client funds. It has long been a requirement for ARLA Propertymark members to have CMP and has been a legal requirement for all letting agents since 1st April 2019.
Mays have again passed their annual Client Money Protection Healthcheck confirming that your monies are safe and ring fenced when held under our guardianship. Annually we must undergo an audit to confirm all funds are held in accordance with ARLA Propertymark’s strict regulations ensuring they can provide our client money protection.
The latest certificate shows that we have continued to remain compliant.