Client Money Protection is a scheme that provides compensation for landlords and tenants when rogue agents misuse or misappropriate their rent, security deposits or any other client funds.
If you are currently a landlord with Reeds Rains there is no need to worry, we are a proud member of ARLA Propertymark which means your money is protected and if anything should go wrong, our landlords can make a claim and ARLA Propertymark will arrange a reimbursement.*
Similar to losing the value of your car in an accident if you were without insurance, your letting agent not being covered could mean you lose money you’re entitled to. This could happen if your letting agent misappropriates your funds, ‘runs off’ or goes out of business.
Here’s our tips from ARLA propertymark to check your agent is protecting your money:
If you find your letting agent isn’t covered or you’re looking for great customer service, talk to Reeds Rains. With over 150 years of expertise, we can help you achieve the optimal rental income and protect you money.
Plus Reeds Rains Landlords:
Book a free no-obligation valuation