A Licensed Conveyancer in the UK is a legal professional specialising in property law, particularly in the conveyancing process which involves transferring property from one party to another. Put simply, they deal with the legal and financial sides of buying and selling property and land.
- Role and Responsibilities:
- A Licensed Conveyancer manage all aspects of property transactions, from drafting contracts to conducting searches, ensuring all legal aspects are covered for buying, selling, remortgaging, or transferring property.
- Unlike solicitors, who might handle a broader range of legal issues, Licensed Conveyancers focus primarily on property law, offering specialized service.
- Qualifications and Training:
- In the UK, to become a Licensed Conveyancer, one must complete the appropriate qualifications, which include the Level 4 and Level 6 Diplomas in Conveyancing Law and Practice, provided by recognized educational bodies and endorsed by the Council for Licensed Conveyancers (CLC).
- After academic qualifications, candidates require 1200 hours of practical experience, which must be verified and can be obtained while working under a supervisor with a valid CLC licence.
- After training, one must apply for a licence from the CLC, which evaluates whether the applicant is a “fit and proper person” to hold such a licence.
- Regulation and Professional Bodies:
- The CLC regulates Licensed Conveyancers in England and Wales. This body ensures adherence to professional standards, ethics, and continuing professional development (CPD), where conveyancers must undertake a certain amount of training annually to maintain their licence.
- Current Legal Landscape:
- Recent legislative changes, like the Leasehold & Freehold Reform Act 2024 and the Building Safety Act 2022, have introduced complexities that conveyancers must navigate, affecting how property transactions are conducted.
- There’s also heightened awareness around property fraud, with laws like Section 32 of the Economic Crime (Transparency and Enforcement) Act 2022 aiming to combat false registrations of property ownership by foreign entities.
- Benefits of Choosing a Licensed Conveyancer:
- Specialisation: A Licensed Conveyancer bring deep expertise in conveyancing, potentially making the process smoother and quicker due to their focus.
- Cost: Sometimes, Licensed Conveyancers might offer their services at a lower cost than general law firms or solicitors due to potentially lower overheads.
- Community and Professional Support: Organizations like the Society of Licensed Conveyancers (SLC) provide networking, support, and resources, enhancing service quality through shared knowledge and best practices.
- Online Competition:
- It is a competitive market where conveyancers are keen to emphasise service quality and speed to attract clients.
When considering hiring a Licensed Conveyancer, it’s wise to check their credentials through the CLC “Find a Licensed Conveyancer“, understand their fee structure and get recommendations or reviews from previous clients for a well-rounded view of their service quality.
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Licensed Conveyancer was last updated on the 6th November 2024