It's time for transparency...

4/12/2018 3:36 PM

Not so long ago the law changed requiring agents to display all fees inclusive of VAT, and any extra costs that would be incurred by tenants applying to let properties. Well it seems that Property Lawyers are doing something similar, and will be changing the way that they display information about their services from the 6th December 2018.

The Council for Licensed Conveyancers (CLC) has worked with the SRA and CILEx Regulation on the requirements, guidance, templates and timescales to ensure that there is a level playing field and so that potential clients are able to make comparisons between providers. The changes mean that a conveyancer must publish certain price, service and quality information on their websites (or by other means).

Clients will no longer be forced to provide contact information before an estimate cost can be given. It's important to remember that a solicitors costs will vary dependent on your purchase type, the property you're buying, if it's leasehold or freehold, if it's a listed building etc...

The original article which outlines the changes can be read here.

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