CMP to become mandatory?

Money bagOn 27th March recommendations from the ongoing consultation on compulsory client money protection was put forward to the Government.

The working group consulting the stakeholders to gather opinions, strongly urged the Government to make CMP obligatory for all lettings and management agents to practice.

85% of respondents agreed that compulsory CMP would raise standards throughout the industry.  It would also give peace of mind to leaseholders.

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