The Council for Licensed Conveyancers (CLC) is seeking views on regulatory fees and fee rates for the licence year beginning 1 November 2025.
Members are invited to review and respond to a consultation paper outlining the key proposals put forward by the CLC, which will be open until 5pm on Friday 12th September.
The organisation proposes an ongoing freeze to individual practising certificate fees, which have remained unchanged for over 10 years. An increase of 3% is proposed for practice fee rates and licence administration fees, in line with inflation.
Compensation fund contributions, made by practices, are proposed to increase by 6%, which the CLC says is due to increased demand on the fund.
‘For the licence year 2015-16, the average practice fee rate was 1.25% of turnover’, the CLC said.
“Over the last 10 years we have been able to reduce that rate very considerably, and the proposal in this consultation for the licence year 2025-2026 will set the average practice fee rate at just 0.58%.”
The CLC is asking members to review the consultation paper before submitting responses by email, letter or via the online questionnaire.
