Money Shield
Money Shield is a Client Money Protection (CMP) scheme enabling lettings and estate agents to reassure tenants, landlords, buyers and vendors that their money is safe.
We will reimburse landlords and tenants who are out of pocket as a result of a property agent misappropriate rent, deposit or other client funds – up to £5 million per year with a maximum award of £50,000 per individual claim.*
Money Shield is administered by Propertymark, an established brand which is visible in estate and lettings agents offices on high streets across the UK. As the scheme’s administrator, Propertymark has a long and successful history of managing Client Money Protection claims. Money Shield is the only CMP scheme, external to Propertymark, that you can use for eligibility for membership of Propertymark.
Agents joining Money Shield and The Property Ombudsman (TPO) save £60 on the joining fee for TPO.
You can join online by clicking Join Now to start your application.
(*Unfortunately, we cannot make payments for any loss arising from war, terrorism, confiscation or nuclear risks)