Conveyancing Association reiterates opposition to ILCA as MoJ ‘presses on with plans’
The Conveyancing Association has renewed its opposition to the Ministry of Justice’s proposed Interest on Lawyers’ Client Accounts (ILCA) scheme, arguing that the policy would impose additional costs on conveyancing firms and ultimately on home buyers and sellers. The association is also questioning the MoJ’s process after reports it is recruiting for a role linked to designing and implementing the scheme before publishing its consultation response.
