This scheme provides protection, as a last resort, in instances where an RICS Regulated firm is unable to repay a client's money, up to the limits and exceptions set out in the scheme rules.
Gro Residential Management and Garness Group follow procedures in relation to handling our client’s money in accordance with the RICS Rules for Firms. Membership of The CMP Scheme is designed to minimise the risk of being unable to repay a client’s money to the lowest possible level.
The Protection for Residential Agents scheme has been approved by Government under The Client Money Protection Schemes for Property Agents (Approval and Designation of Schemes) Regulations 2018.
This means that RICS registered firms holding money in the areas covered by the regulations, have met the requirements under The Client Money Protection Scheme for Property Agents Regulations (2018) to belong to an approved scheme.
For valid claims, the customers of scheme members have access to Client Money Protection with the following claims limitations:
Get in touch we will get straight back to you