SRA/CLC Compliance

New CLC and SRA regulations will mean that Law Firms must publish prices on their websites

The CLC intends to ask the firms it regulates to publish price information on Conveyancing and Probate. The SRA intends for firms to publish transparent price information on a range of services for both consumers and small businesses as detailed in the tables shown.

With respect to conveyancing, a draft template for generating conveyancing fees has been developed between the Council for Licensed Conveyancers, Chartered Institute of Legal Executives and the Solicitors Regulation Authority, and sets out the information that should be provided as part of a complete price estimate in the relevant services.

For consumers

Case Type Available in QuoteXpress?
Residential conveyancing (limited to sale, purchase and remortgage) Yes
Family – undefended divorce and financial disputes arising out of divorce Yes (undefended divorce only)
Drafting of a will From November 2017
Drafting a lasting Power of Attorney From November 2017
Motoring offences TBC 
Employment tribunal TBC
Personal injury claimant TBC

For small businesses

Case Type Available in QuoteXpress?
Employment tribunal TBC 
Debt recovery TBC
Licensing applications in relation to business premises TBC

For conveyancing, the information the SRA, CLC and CILEx expect to be captured in order to produce an accurate and transparent fee estimate is as follows:

Required Information Asked in QuoteXpress and automatically factored into the fees if required?
whether a first-time buyer Yes
value of sale/purchase Yes
whether a remortgage Yes
whether freehold or leasehold Yes 
whether a new build Yes 
whether first registration of title Yes
whether mortgage or not Yes
whether an Islamic mortgage Yes 
in purchase cases, whether primary residence, buy to let or second/holiday home Yes 
whether multiple owners Yes 
whether a shared ownership scheme Yes 
whether using a help to buy scheme Yes
whether purchase under right to buy Yes
whether purchase at auction Yes 
whether property has been repossessed Yes 

Use QuoteXpress to demonstrate that your firm is committed to transparent pricing

Use our website quotation calculator to publicise your prices through your website and provide clear upfront quotations to your customers.

QuoteXpress automatically calculates any Stamp Duty payable along with the Land Registry fee. You can also add your own conditional fees and disbursements to ensure your prospective customers are getting the most accurate fee estimate possible.

To learn more try our quote form out for yourself or contact us today!

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