LoginAgent failed to protect clients
A lettings agent has been fined for failing to sign up to a client money protection scheme
Posted 15 March 2023 | JoTS Online
Content Tags: Updates|Property and Housing|South West
UPDATES: A property company has lost its appeal against an £8,000 penalty after repeatedly failing to join a mandatory Client Money Protection scheme, leaving landlords' and tenants' funds without the legal safeguards required.
A property company has been fined £8,000 by Heart of the South West Trading Standards for failing to protect its clients’ money.
Swallows Property Ltd, based in Frome, Somerset, repeatedly ignored officers' advice to register with a <a href="https://www.gov.uk/client-money-protection-scheme-property-agents" target="_blank" rel="noopener">Client...
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