BAR tightens up on its Financial Criteria for Membership

The financial criteria to qualify for BAR Membership has been in place for many years and, until recently, has proven to be a very successful model to determine the financial standing of an existing BAR member, or a new applicant wishing to join the Association.  Since the launch of the new BAR Advanced Payment Guarantee Scheme (APG), which covers all UK and international private residential contracts, three BAR Member companies have ceased trading due to financial failure, resulting in multiple claims against the scheme, which is a clear indicator of how volatile the UK removals market can be – this presented a real concern to the Association.

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2019-02-28T09:34:10+00:0025th February, 2019|