CLC hits back at ‘inaccurate’ LSCP criticism
Summary
The Council for Licensed Conveyancers (CLC) has rejected criticism from the Legal Services Consumer Panel, saying the panel misrepresented its response to issues around conditional selling and referral fees. The CLC says it acted on market intelligence, is reviewing transparency and consumer protections, and is gathering further evidence ahead of recommendations following a thematic review of referral fees.
Why it matters
The article touches on conveyancing regulation, referral fees and consumer protection issues that affect the home-buying process and the standards surveyors encounter in transactional work. It also signals possible changes to conveyancing practice and home-buying reform that may influence how property professionals interact with regulated firms.
Key points
- CLC disputes LSCP criticism and says the report contained inaccuracies.
- LSCP had called for a single independent legal regulator and criticised the handling of conditional selling and referral fees.
- CLC says it is reviewing transparency and consumer protections in its code.
- The regulator is gathering evidence following a thematic review of referral fees.
- CLC says it is involved in home-buying reform and continues to press for estate agent regulation.
This is an RPSA summary of a publicly available article. The full content remains with the original publisher.
