Who are Licensed Conveyancers?

Licensed Conveyancers are required by statute to effect Professional Indemnity Insurance, which protects the customer against loss in the event of the Licensed Conveyancer being negligent when carrying out their conveyancing. In addition, they have to contribute to a Compensation Fund, administered by the Council for Licensed Conveyancers, which again is there to protect the customer against loss in the event that the Licensed Conveyancer fails to act properly or is dishonest or fraudulent.

Licensed Conveyancers are regulated by the Council for Licensed Conveyancers, the statutory body for Licensed Conveyancers, and are governed by rules of professional conduct laid down by the Council. In the event that a client is not happy with the service provided and wishes to make a formal complaint, there is a complaints procedure which has to be followed — and a client is able to refer a complaint to the Legal Ombudsman if not satisfied with the conveyancer’s initial response.