Here are some of the formal, technical details!
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“Property Lawyer” is the term applied to a person who
specialises, and is qualified to practise, in property law.
A property lawyer may carry out online
conveyancing services via the Internet, offer traditional offline property
conveyancing services or, as is the case with MovingAhead provide their clients
with a combination.
Licensed Conveyancers are regulated by the Council for
Licensed Conveyancers, and are one of the very few professions legally authorised
to carry out property transactions in England and Wales. The Council is a
statutory body, which derives its powers from The Administration of Justice Act
1985. |
In order to be able to practise as a Licensed Conveyancer it is
necessary not only to qualify by passing the Council examinations, but also to
demonstrate considerable practical experience. To retain a licence, it is
necessary to undertake regular training and development courses throughout the
year.
Limited licence holders are authorised to provide property
conveyancing services only as employees.
In order to enter into private practice as a proprietor or
partner, a full licence is required. Full licences are only granted to those
able to demonstrate further practical experience, and show that they are fully
competent to run a business. They must also be able to prove that they are fit
and proper people and able to be trusted with the handling of large sums of
clients' money on a day-to-day basis.
As of mid 2006, there were approximately 300 full licence holders. By
contrast there are approximately 80,500 general solicitors in private practise
in England and Wales.
Only a relatively small minority of those involved in property
conveyancing currently offer online conveyancing services.
So, now you know!
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