NALS publishes CMP rates

The National Approved Letting Scheme (NALS) has announced its Client Money Protection contribution rates for 2012-2013.

The rates are £220 for a single office firm which does not hold deposits in their client account and £295 for a single office firm which does hold deposits in their client account.

Caroline Pickering, chair of NALS, said:

“CMP is a key cornerstone of being NALS licensed. Whilst acknowledging the protection it offers consumers