Propertymark has received formal Approval from the Housing Minister, Heather Wheeler MP, to operate a Government-authorised Client Money Protection (CMP) Scheme. The Government has committed to requiring all property agents in the private rented sector to obtain membership of an approved CMP scheme by 1st April 2019 and the many thousands of Propertymark Protected members will now be covered.

PRIVATE RENTED SECTOR REPORT FOR FEBRUARY: The number of tenants experiencing rent increases rose to the highest figure since August and the number of landlords exiting the market increased. In terms of demand, the average number from prospective renters fell, while the supply of rental properties remained the same in February.

Propertymark has received formal Approval from the Housing Minister, Heather Wheeler MP, to operate a Government-authorised Client Money Protection (CMP) Scheme. The Government has committed to requiring all property agents in the private rented sector to obtain membership of an approved CMP scheme by 1st April 2019 and the many thousands of Propertymark Protected members will now be covered.

PRIVATE RENTED SECTOR REPORT FOR FEBRUARY: The number of tenants experiencing rent increases rose to the highest figure since August and the number of landlords exiting the market increased. In terms of demand, the average number from prospective renters fell, while the supply of rental properties remained the same in February.