Propertymark's CMP scheme is Government-approved
However, if unexpectedly the worst happens, Propertymark will reimburse tenants and landlords up to a maximum award of £50,000 per individual claim, with a total scheme limit of £15 million per year for all claims submitted against one of our CMP scheme members.
Your money is protected for the duration that your agency belongs to the Propertymark CMP scheme. If they leave the scheme, they are required by law to notify you. If you discover at a later date that money has gone missing within the period they belonged to the CMP scheme, you will still be covered even if they have subsequently left the scheme.
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Propertymark's CMP scheme certificates
Our certificates are issued to our scheme members when they join and annually thereafter upon renewal to the scheme. You will be provided our Security Certificate when renting or letting a property to confirm the agent's CMP scheme reference number.