A revised accounts code that expressly allows firms regulated by the Council for Licensed Conveyancers (CLC) to use third-party managed accounts (TPMAs), and deal more easily with aged balances up to £50, have been submitted this week to the Legal Services Board. The new rules contain simpler, more targeted requirements to make the code easier […]Read More
CLC to support firms during coronavirus crisis by allowing them to defer payment of regulatory fees The Council for Licensed Conveyancers (CLC) is to give the firms it regulates the option of deferring the regulatory fees they pay to help them cope with the coronavirus crisis. The CLC shares the Government’s determination that businesses that […]Read More
Draft guidance on how firms regulated by the Council for Licensed Conveyancers (CLC) can use third-party managed accounts (TPMAs) – instead of holding client money themselves – has been published today by the regulator. The CLC is consulting on proposed guidance which follows forthcoming revisions to the CLC’s Accounts Code. The guidance is for the […]Read More
The role of the conveyancer is undoubtedly going to change as much of the administrative side of the role becomes automated over the coming years, a new report from the Council for Licensed Conveyancers (CLC) has predicted. Conveyancers will bank both time and cost savings, to be reinvested in improving the quality of service, upgrading […]Read More
New research published by the Council for Licensed Conveyancers (CLC) today reports strong levels of business confidence amongst its regulated community, with almost a half of practices (45%) expecting their work volumes to rise over the next 12 months. A further 42% expected work volumes to remain the same, with just 13% expecting work to […]Read More
The Council for Licensed Conveyancers (CLC) has today published the findings from its latest diversity monitoring survey of the community it regulates. The findings show a diverse workforce, founded on a profession that can be entered via a range of non-graduate routes. In January, the CLC launched a project to support its regulated community in […]Read More
The Council for Licensed Conveyancers (CLC) is proposing to streamline the rules on how CLC practices handle client money as part of a drive to reduce regulatory burdens and facilitate innovation while keeping client money safe and improving consumer confidence. This follows a series of workshops with CLC Lawyers to identify opportunities for improvement. Launching […]Read More
With just three days to go until property and probate lawyers have to publish certain price, service and quality information on their websites (or in alternative formats if requested), the Council for Licensed Conveyancers (CLC) has outlined some key do’s and don’ts for practices getting ready for the new rules. DO You must display ‘Cost […]Read More
37 firms regulated by the Council for Licensed Conveyancers (CLC) reported they had repelled attempted frauds in the past year while the number and variety of attacks on conveyancers increased, according to new research. At the same time, nearly all regulated firms provided all their staff with training on anti-fraud measures in the past year, […]Read More
From 6 December 2018, property lawyers will have to publish certain price, service and quality information on their websites (or in alternative formats if requested), as part of a cross-industry push to empower consumers and foster innovation and competition across the legal services market. The Council for Licensed Conveyancers (CLC) has worked with the SRA […]Read More
Most home-buyers do not know if their conveyancer paid a fee for a recommendation from their estate agent, according to new research from specialist property lawyer regulator, the Council for Licensed Conveyancers (CLC). A YouGov survey of almost 500 consumers in England and Wales who have bought a property in the last 10 years, reported […]Read More
In the first of a series of events with regional law societies, the Council for Licensed Conveyancers will be presenting an afternoon seminar at Liverpool Law Society on Wednesday 7th November on the future of conveyancing. The event led by CLC’s Chief Executive, Sheila Kumar, will examine the developments all conveyancing practices need to be […]Read More
If you want to have your views taken into account on the proposed changes to our rules, you need to respond by Friday.Read More
The Council for Licensed Conveyancers (CLC) is to mandate that the firms it regulates publish their service standards and prices online, as part of a push to improve transparency and help consumers make informed choices when they need a lawyer.Read More
Reacting to today’s publication by the Legal Services Board (LSB) of its investigation into the Law Society’s (TLS) oversight and monitoring arrangements for the Solicitors Regulation Authority (SRA), Dame Janet Paraskeva, Chair of the Council for Licensed Conveyancers (CLC) said: “Given that its interim chair says that “[The Law Society’s] actions have impaired the effectiveness […]Read More
Shieldpay and My Home Move’s law firm subsidiary, Premier Property Lawyers, with the support of Barclays and the specialist regulator of conveyancers, the CLC, have used Shieldpay’s instant digital escrow facility to power the UK’s first fully digital mortgage settlement, bringing transformation to the £245 billion mortgage market in the UK1.Read More
Following a productive meeting with Minister for Housing, Heather Wheeler MP, Dame Janet Paraskeva, Chair of the Council for Licensed Conveyancers (CLC), said:Read More
The Council for Licensed Conveyancers (CLC) has set out its ambition to be the regulator of choice for all property lawyers, meaning those it regulates take an ever-larger share of the conveyancing market.Read More
More than half of firms of licensed conveyancers expect their workloads to increase over the next year, according to the Council for Licensed Conveyancers (CLC).Read More
“Transformational change” of the home buying process is within reach and does not require legislation, the Council for Licensed Conveyancers (CLC) has told the government.Read More