CLC Price Transparency Guidance Announced | Today’s Conveyancer

If you are a member from the Council for Licensed Conveyancers (CLC), then the deadline for price transparency has been officially set for December 6th.

Yesterday, the CLC released their official guidance and pricing templates that will meet the minimum standard requirements in relation to quality, price and service transparency.

In addition to the guidance, the CLC have also published advice and suggestions on what consumers may want to see and expect in the future.

The guidance looks at the way firms should be transparent about: cost information, service information, regulatory information and complaints information. Firms without a website need to be able to easily provide information by ‘other reasonable means on request’ using formats like post, email and leaflets.

In terms of cost and price transparency, CLC expect firms to provide fixed fees. They believe that an instant estimate generator should be provided on a firm or third party website. Where a generator is used it should provide an instant estimate without a consumer providing their details.

Alongside price, firms should publish all staff hourly rates, their qualifications, experience, expertise and indicative timescales for the proposed transaction.

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CLC Price Transparency Guidance Announced – Today’s Conveyancer.