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Do you qualify for a FREE healthcheck of your client money accounts?

Thursday 31 August 2017

ARLA Propertymark is pleased to announce we have been working with The Letting Partnership to offer a cost effective solution to client account reporting.

At Propertymark, we are always looking at ways to help members save time and money and with the impending ban on letting fees we are working to reduce your costs in complying with Propertymark’s regulatory requirements. Specifically, we are aware our Accountant’s Report requirements can be both time consuming and expensive.

To help with this, we have been working with The Letting Partnership to create a bespoke version of their HealthCheck online tool specifically for ARLA Propertymark members, which is designed to assess the ‘health’ of client money accounts and the ways in which an individual agent/agency conducts their business and handles client money. 

The Letting Partnership provide a host of services and in 2010 became the first ever company to gain industry recognition as an Endorsed Service Provider of Client Accounting and Tenant Deposit Protection.  

Findings and outcomes from your HealthCheck will be summarised in a final report which includes detailed breakdowns of client money currently held, comparison and compliance tables along with the results of client money bank account ‘stress’ tests.

We are confident that HealthCheck will meet our members needs and work seamlessly with our accounting rules, however it is crucial we test the HealthChecks before officially offering this solution to members. Therefore we need your help!

Limited time FREE Trial

If you have under £1 million in your client account and do not use a Client Account Service Provider, you could qualify to take part in a limited FREE trial.

To take advantage of this offer, please contact Shelley Brown, shelleybrown@propertymark.co.uk by no later than Friday 8 September 2017.

We will then get in contact with you with full details and a link to the questionnaire. A handy checklist will also be provided to ensure you have the information you need at hand whilst you complete the online questionnaire.

This trial is very important and we urge you to take part, so we can introduce the HealthChecks as a member benefit as soon as possible.