What is Client Money Protection?

When letting through Beals, you can rest assured that your money is in safe hands because we are a member of ARLA propertymark. This means that our landlords’ and tenants’ money is protected through Client Money Protection (CMP).

The Client Money Protection (CMP) Scheme provides compensation for landlords and tenants when agents misappropriate or misuse their security deposit, rent or any other client funds.

Should this occur and a landlord is using a letting agent that is registered with ARLA propertymark, the landlord can make a claim and propertymark will arrange a reimbursement*.

Each year, unprotected landlords and tenants lose money when their funds are misappropriated.

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Need not worry

We are a proud member of ARLA propertymark, and that means that not only is your money protected but we also come with some additional benefits**:

  • Experienced and trained property experts who are required to attend regular training
  • Our property experts are up to date with the latest registration changes and best practice for lettings
  • Our property experts and office adhere to the nationally recognised TPO Code of Practice

To find out more about what it means to be an ARLA propertymark estate agent, visit the propertymark website or see their accounting rules.

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