Client Money Handling Procedures
Under the regulations, agents are required to have their Client Money Handling Procedures on their websites and, at a clients' request, also available in a hard copy format, free of charge. As a Propertymark Protected firm, your Client Money Handling Procedures are covered in our Conduct and Membership Rules. Therefore, all you need do is have a link to these Rules on your website. The Rules are available at http://propertymark.co.uk/working-in-the-industry/member-requirements/.
Due to the requirements of the mandatory CMP regulations, with effect from 1 January 2019, Propertymark's CMP scheme will no longer cover money taken in connection with block management activities.