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As with most solicitors, I have seen the conveyancing market opened to conveyancers and others, without a major reduction in my client base. It has, however become progressively harder to compete on a price basis, whilst maintaining a high quality service. I see this proposal as just another nail in the coffin of professionalism.
I am in totally agreement, that if "Tesco's" and Estate Agents are to be allowed to provide conveyancing services, they should required to "play" by the same rules and to hold the same level of PII as high street practices.
Perhaps they should be regulated by the SRA?!!