The short-awaited rules on price transparency became a thing at the beginning of December.
Consumers will now have more information on making an informed decision before choosing a conveyancer on cost (price or value, you choose), service provision, key stages, timescales and team make up.
There is little difference, for obvious reasons, between the regulators in their approaches to implementation of the new rules. The main debate has been undoubtedly centred on price transparency.
I have been intrigued by varied responses from other law firms to the changes. The more commercially minded see pricing as an essential part of the natural sales cycle, while others see the rules as just more burdensome compliance.
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