LoginLetting agent hit with £10,000 penalty
A letting agent which failed to protect clients' money has been ordered to pay a fine
Posted 12 February 2025 | JoTS Online
Content Tags: Updates|Property and Housing|South West
UPDATES: A Somerset letting agent has been fined £10,000 after failing to protect client money, underlining the legal safeguards designed to protect landlords and tenants in the private rented sector.
A letting agent which failed to protect clients’ money has been fined £10,000 following an investigation by Bath & North East Somerset Council Trading Standards.
Mendip Property Management Ltd, based in the Chew Valley in Somerset, was found to be operating without the necessary safeguards to protect client funds.
By law, letting or property management agents in the pri...
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