What does a Licensed Conveyancer do?
Licensed conveyancers are qualified legal professionals who focus on the legalities surrounding buying and selling property. A licensed conveyancer will ensure that all documentation, contracts and financial arrangements associated with buying or selling a property are in order.
Many licensed conveyancers are already solicitors or legal executives but this is not a requirement.
On a day-to-day basis, a licensed conveyancer is likely to carry out tasks such as:
- Meeting clients who wish to buy or sell property and advising them on legal matters associated with it
- Advising on the content and implications of legal documents
- Carrying out research on property matters such as legal ownership
- Researching planned property changes and developments
- Drawing up contracts and other legal documents
- Liaising with professionals such as mortgage lenders and estate agents
- Dealing with the financial issues surrounding buying and selling property
Training and qualifications
To practise as a licensed conveyancer, you must pass exams set by the Council for Licensed Conveyancers (CLC) and carry out a specified amount of practical work. Once this is complete, you’ll get a ‘limited licence’.
Even solicitors who specialise in conveyancing must become licenced by the CLC.
After three years employed in the field, you will get a full licence. At this stage, you’re eligible to set up your own conveyancing firm if you choose to do so.
All licensed conveyancers, whatever licence they have, are required to undertake ongoing continuing professional development (CPD). Those with a limited licence must undertake six hours a year, whilst full licence holders are required to do 12 hours CPD a year.
The following skills and attributes will help you succeed as a licensed conveyancer:
- Excellent verbal and written communication skills
- A calm temperament and the ability to stay calm under pressure
- A high level of accuracy and meticulous attention to detail
- Tact, diplomacy and discretion
- Sound research skills and good problem-solving abilities
- Maths skills
- IT competency
Most licensed conveyancers work within firms of solicitors, licensed conveyancers or property lawyers. However, opportunities also exist in other areas, for example:
- Building societies
- Property firms
Licensed conveyancers are likely to start out on around £13,000 per year. Once qualified, a conveyancer should earn at least £20,000 but could earn up to £50,000+.
Some experienced licensed conveyancers go on to set up their own conveyancing practices.