RICS Client Money Protection

Walters Rural is a Member of the RICS Client Money Protection Scheme and an RICS Registered Firm. A copy of our RICS Client Money Protection Scheme is available here. The RICS operates a Client Money Protection scheme (CMP scheme) in the UK. This scheme provides protection, as a last resort, in the unlikely event that the Firm is unable to repay a client’s money, up to the limits and exceptions set out in the scheme rules.

The RICS’ CMP scheme is split into two parts:

• General client money protection, covering money held by firms undertaking any surveying activities (Client Money Protection for Surveying Services); and
• Residential agency activity in England protection, covering areas under the Client Money Protection Schemes for Property Agents (Approval and Designation of Schemes) Regulations 2018 (Client Money Protection for Residential Agents).

Walters Rural business activities encompass the above two parts of the CMP scheme.