The SAFEagent scheme is aimed at making the lettings industry more regulated by raising awareness of those firms who are members of the initiative and therefore who can guarantee tenants' and landlords' money is protected by a client money protection scheme.
The launch of SAFEagent follows a number of media cases where unscrupulous lettings agents have absconded with tenant and landlord funds. The easily identifiable logo has been launched for lettings agents by letting agents with the aim of identifying those in Client Money Protection Schemes and highlighting the risks of using uninsured agents.
Shirley Kenyon, lettings manger at CKD Galbraith, said: "We are delighted to be endorsing such an important initiative to help offer peace of mind for landlords and tenants and to ensure the Scottish lettings sector becomes more regulated. As a firm our professionals are members of the Royal Institution of Chartered Surveyors (RICS) and already offer client money protection, however joining the SAFEagent campaign allows greater awareness for clients to easily identify with ourselves as being a safe lettings agent."
Agents who sign up to the scheme display the SAFEagent logo to show consumers they are fully regulated and that their money is held completely separate from the operating funds of the firm.
It is fast becoming recognised as the mark to look for to take the risk out of the rental sector, and has already been recognised by the Government and key industry organisations such as Shelter, NUS, Trading Standards Institute, Council of Mortgage Lenders, Residential Landlords Association and the British Property Federation.
To contact our lettings teams, contact one of our 12 offices situated throughout Scotland.