The Client Money Protection (CMP) Scheme is a compensation scheme which provides compensation to landlords, tenants and other clients should an agent misappropriate their rent, deposit or other client funds. CB Estates is licensed by both NALS and ARLA and are part of their Client Money Protection Schemes.
If you are a landlord or a tenant, you want peace of mind when entrusting your money to the firm you are using and, in the unlikely event of anything happening to your money, you want to know you are protected. This reassurance is offered with the knowledge that CB Estates is covered by a Client Money Protection Scheme.
As a professional Estate Agent, we want to provide a first class service and provide clients with adequate protection; the Client Money Protection Compensation Scheme plays an integral part in this. We also display the SAFEAgent logo to demonstrate that we are members of the scheme. It is important to note that it is not currently compulsory for Estate Agents to have Client Money protection.
As members of NAEA, ARLA, NALS and the Property Ombudsman Scheme we agree to follow best practice and their Codes of Conduct to provide a standard of service in excess of the minimum legal requirements.