Joining CMP

Our Joining process is straightforward and can be done online.

To be eligible to join and remain a Member of CMP you will need the following:

 

  • A segregated client money bank account authorised by the FCA
  • Three months' bank statements from your client account(s) showing all client money transactions for deposits and rents
  • Appropriate professional indemnity insurance for the size of the firm
  • Membership of an external consumer redress scheme
  • Membership of your tenancy deposit protection scheme including a summary of current live protections
  • To agree to abide by the CMP Scheme Rules including the client money handling conditions

Agents will have an annual membership fee dependent on the amount of client money they hold.

The current fees are:

 

 

Get Started

Why Join CMP?

 

  • It is a legal requirement to join and display membership of an authorised CMP scheme.
  • We are authorised by MHCLG (England) ,Scottish Executive (Scotland) & Rent Smart (Wales).
  • Easy and straight forward joining process.
  • No need to join a trade body.
  • The UK's longest established stand alone client money protection scheme for Letting Agents.

Resources For Agents

 

 

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