SAFEagent Awareness Week starts 14th May

May 14, 2012 - PRLog -- Since its launch last year the SAFEagent campaign has made giant strides in promoting the importance to landlords and tenants of identifying agents who are part of Client Money Protection Schemes.

Landlords and tenants often make decisions based on cost but it is important to ensure you ask your agent for details of the organisation they are regulated by and whether they are covered by a client money protection scheme. All agents regulated by NALS, RICS, ARLA, NAEA and the Law Society maintain and operate separate designated client accounts where your 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?

There are now approaching 2000 SAFEagent offices throughout the UK and the numbers continue to grow. Recognised by Government as a major stride in protecting landlords and tenants high profile organisations such as CAB, The Property Ombudsman and Shelter have added their weight to the campaign.

National SAFEagent Awareness Week taking place from 14 to 20 May 2012 is dedicated to highlighting further the risks to consumers of using agents who are not part of Client Money Protection Schemes and informing on how these risks can be avoided; namely ensuring that they only sign up to letting agents carrying the SAFEagent logo.

SAFE – Safe Agent Fully Endorsed – is a mark denoting firms that protect landlords and tenants money through client money protection schemes.


There are several schemes* in the sector operated by ARLA/NFOPP, the Law Society, NALS and RICS to which agents voluntarily belong. The scope of these schemes varies and you should contact your agent for full details of the scheme of which they are a part.

Landlords and tenants often make decisions based on cost but it is important to ensure you ask your agent for details of the organisation they are regulated by and whether or not they are covered by a client money protection scheme.

All agents regulated by ARLA/NFOPP, the Law Society, NALS and RICS maintain and operate separate designated client accounts where your 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?