Client Money Protection

Arla

Client Money Protection (CMP) is a scheme that reimburses landlords and tenants should an agent misappropriate their rent, deposit or other client funds held by the agent.

Dillons Management Limited, trading as Dillons are members of the Propertymark Client Money Protection Scheme.

In line with the CMP legislation that came into force 1 April 2019, here is the latest CMP certificate for Dillons, you can also view the accounting rules of our protection provider, Propertymark below:

Fees

Refundable Holding Deposit: Capped at 1 weeks rent. Please note that the deposit will not be returned if the tenant fails the right to rent check.

Security Deposit: Capped at 5 weeks rent.

Rent: Monthly rent as agreed with landlord

Changes to Tenancy: £50.00 Inc VAT (or reasonable costs if these are higher)

Early termination charge: Not to exceed the landlord’s financial losses and agents reasonable costs incurred in re-letting of the property

Late payment of rent: 14 Days or more overdue, fees not to exceed 3% above Bank of England base rate

Replacement Keys: Cost Price

Utilities, Council Tax: Tenants Responsibility

Communication Services, TV Licence ETC: Tenants Responsibility

Tenant Fees Consumer Guide from ARLA Propertymark