Interest on Client Accounts
Not only does every Leaseholder Support.co.uk member block
- have its own bank account through which only transactions relating to its block/estate will be administered, but also
- these accounts are instant access current accounts, and
- they are interest bearing, and
- your funds are protected by the Royal Institution of Chartered Surveyors' Clients Money Protection Scheme (RICS)
The rate of interest fluctuates according to the bank from time to time however the interest credit balance paid is based on the sum of funds held in that type of account by the Ringley group, as opposed to the actual account balance held by the client.