Executive Lets join SAFE agent campain
Friday 21st October, 2011 - 3:52pm
Landlords and Tenants in Plymouth can rest easy knowing their money is 'SAFE' and sound, as Plymouth -based letting agent Executive Lets becomes the latest firm to join the SAFEagent campaign, aimed at raising awareness of the logo to look for to denote where tenants' and landlords' money is protected by a Client Money Protection Scheme.
With over 1200 lettings and management agents now registered to use the logo, consumers should always look for the easily identifiable mark. The launch of SAFEagent follows a number of high profile media cases where unscruoulous letting agents have absconded with tenant and landlord funds.
The logo has been launched FOR lettings agents BY lettings agents with the aim of identifying agents in Client Money Protection Schemes and highlighting the risks of using "uninsured" agents.
Deanne Hancock, Office Manager at Executive Lets says:
"We want every Landlord and Tenant that we welcome through our doors to have peace of mind when it comes to client money protection. And, this is exactly what we can reinforce now that we bear the SAFEagent logo.
The message to the consumer is simple - everyone looking to rent or let should ensure that they use a firm which is part of a client money protection insurance scheme - look for the SAFEagent logo.
Landlords and tenants often make decisions based on cost but it is important to ensure you ask your agent for details of the organisiation they are regulated by and which client money protection scheme they are covered by.
Our agency is regulated by NALS (National Approved Letting Scheme) and therefore maintain and operate designated client accounts where clients' money is held completely separate from the operating funds of the firm. If the agent you are using cannot provide you with the assurance of knowing they are covered by a client money protection scheme the question you need to ask is why not?"
SAFEagent is also backed by the industry and consumer organisations such as Shelter, CAB, NUS, the British Property Federation, the Trading Standards Institute, the Council of Mortgage Lenders and The Property Ombudsman.
For more information on the SAFEagent campaign, please visit www.safeagents.co.uk.