Search Results for: CMP
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Regulation & Law
Letting agents risk big fines by failing simple CMP rules
Random checks on 200 agency websites found that 62% were not displaying CMP certificates and could fall foul of Trading Standards.
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Regulation & Law
Estate agencies fined £860,000 during Trading Standards CMP crackdown
Over 70 firms in the Midlands were caught failing to comply with Client Money Protection rules, it has been revealed.
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Regulation & Law
Two estate agencies fined £8,000 for CMP breaches
Ragdon and Route Estates, both based in London, were found to have failed to meet their obligations under CMP (Client Money Protection) rules.
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Regulation & Law
Solicitor fined £8,400 for not complying with CMP legislation
Solicitors must comply with Client Money Protection (CMP) legislation if they are carrying out letting agency and property management work, warns Safeagent chief, Isobel Thomson.
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Regulation & Law
Collapse of property management firm ARPM highlights CMP ‘grey area’
Loophole in the CMP legislation has played its part in the situation some agents find themselves in, says Jenny Markham of The Letting Partnership.
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Latest property news
Letting agents still face CMP catch-22 as 1st April deadline looms
Approved client money protection scheme CMP says bank intransigence continues to hamper agents' attempts to comply with regulations.
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Latest property news
London agents facing CMP crackdown and fines of up to £30,000
London Trading Standards says 100 agents have already been notified of potential fines with more to follow.
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Latest property news
Letting agents urged to ‘pull their fingers out’ and comply with CMP by minister
MPs last night voted through the government's proposal to extend the cut-off period for compliance with CMP rules to April 1st as problems finding pooled accounts continue.
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Latest property news
20% of sales agents not members of a CMP scheme
Research by Hamilton Fraser reveals that thousands of sales agents in the UK are trading illegally.
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Latest property news
Government approves first CMP scheme ahead of April 1st deadline
Hamilton Fraser's Client Money Protect offering now has an official seal of approval and is for agents holding up to £5 million of client cash.
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