Total Loss Client Money Protection (CMP) News and Update

Our partnership with Let Alliance has allowed us to exclusively introduce total loss client money protection (CMP) to UKALA members, not available to anyone else in the market.   How does this benefit UKALA members? Government intend to introduce mandatory Client Money Protection for letting & managing agents from April this year. This means effectively that all Agents will need to belong to a government approved CMP scheme if they wish to continue to trade where client money is taken. The UKALA Let Alliance ‘Total Loss CMP’ is the most comprehensive CMP cover available, and is included as a benefit ...