Citizens Advice Bureau has become the latest consumer body to recognise the benefit of SAFEagent, a scheme which will let landlords and tenants know their money is protected.
The scheme, which will launch fully to the public shortly, operates a simple logo for consumers to recognise where a lettings and management firm is covered by a Client Money Protection Scheme.
Gillian Guy, CAB chief executive, said: “Citizens Advice has a long history of seeking to protect the interests of tenants in the private rented sector, who are often among those who can least afford to lose money to the unscrupulous.
“This new mark helps steer tenants towards reputable letting agents who are properly insured. We are pleased to support it.”
Nick Cooper, chair of the SAFEagent steering group, said: “We are delighted to gain support from CAB and, added to all of the other organisations supporting SAFEagent, it will enable us to spread the word widely to consumers when we launch imminently to consumers.
“It is good to see so many organisations understanding the simple premise behind the SAFEagent logo, and I would urge agents to sign up.”
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