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Landlords' safety net.

Series: Evening Standard ; 21 July 1999, 2:42(1)Publication details: 1999Subject(s): Summary: A proposed private member's bill, the Clients' Accounts Bill, would create a legal requirement for letting agents to hold their clients' funds in segregated bank accounts, where it would be protected if the firm failed. The Association of Residential Letting Agents (Arla) is supporting the bill.

A proposed private member's bill, the Clients' Accounts Bill, would create a legal requirement for letting agents to hold their clients' funds in segregated bank accounts, where it would be protected if the firm failed. The Association of Residential Letting Agents (Arla) is supporting the bill.