Christmas Closure

The housing market remains fully operational with buyers and renters still being able to move home. THE HEYWOODS TEAM STILL REMAIN WORKING but with our office doors closed to the public. Some of our team are working from the office and some from their home offices so we can continue to our day-to-day tasks.

Viewings and valuations can still be arranged – As long as those attending follow the strict social distancing rules and wear appropriate PPE. Solicitors are still working to get your sales and purchases through to completion.

We will continue to play our part in reducing the spread of the virus through following all the relevant guidance. We are still available over the phone, via video and email, Monday to Saturday at our usual opening times.

For more information on how we’re adapting, please call our team on 01782 617343


Client Money Protection

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Heywoods is the leading independent estate agent in the Newcastle-under-Lyme area and beyond. Our reach extends throughout North Staffordshire to South Cheshire and the Shropshire border.

Client Money Protection

Heywoods Procedure For Handling Client Money


All client money held by us will be held in a client bank account with Barclays Bank which is authorised by the Financial Conduct Authority. We have written confirmation from the bank that: -

a. all money standing to the credit of that account is client money;
b. the bank is not entitled to combine the account with any other account or exercise any right to set off or counterclaim against money in that account for any sum owed to the bank on any of the other accounts it holds for us.
c. the title of the account sufficiently distinguishes each account from any other account containing money belonging to you and is in the form requested by you.

We regularly record and monitor all transactions on this account and reconcile these daily.

Any client money paid to us by automated transfer will be paid directly into the client account. All other client money will be paid into the client bank account within 2 working days of receipt by us. Any mixed remittances (payments comprising client and non-client money) will also be paid into the client account. If we receive any unidentifiable transactions, we will treat these as client money until such time as we can identify them. Where we are unable to identify a transaction within 14 days these funds shall be returned to the sending bank.

We will keep precise records of all client money received.

We will remove from the client account money owed to us for goods or services as soon as possible and at least on a weekly basis.

Money held in our client account which is due to a landlord or tenant will be paid to them as soon as it is reasonably practicable and without any unnecessary delay or penalty, unless agreed otherwise in writing (for example where it has been agreed that we will retain funds from a landlord to cover a large repair invoice).

Where a landlord or tenant request money to be paid to them which we are holding in our client account, such a request must be made in writing. At the commencement of a letting/property management service agreement, we will ask landlords to provide bank details, which we shall retain on file. Where a landlord requests the transfer of funds electronically to a bank account which differs from the account details given to us in writing at the outset of the service agreement, they must provide us with confirmation of their alternative nominated bank account in writing, and which must be signed by them. Where a tenant requests the transfer of funds electronically, they must provide us with confirmation of their nominated bank account in writing, and which must be signed by them.

Where a landlord requests information regarding money we are holding on their behalf, such a request must be made in writing. We aim to respond to such a request within 5 working days.

Tina Lomas (Accounts Administrator) is responsible for overseeing the day to day running of the client account and the handling of client money within the business.

We hold a client money protection insurance policy with Propertymark and will provide details of this policy to landlords and tenants on request.

We hold a professional indemnity insurance policy with Manchester Underwriting Management and will provide details of this policy to landlords and tenants on request.

[Client Money Protection Certificate]

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