§ Mr. Ashtonasked the Attorney-General whether he will list the percentage increases in conveyancing charges for houses costing £500, £1,000, £1,500, £2,000, £2,500 and £2,999, respectively applicable under the Solicitors Remuneration Order, 1970.
§ The Attorney-GeneralThe percentage increases are given in the table below:
Consideration Existing scale charges Scale charges under Solicitors' Remuneration Order 1970 Percentage Increase £ £ s. d. £ s. d. 500 … 15 0 0 20 0 0 33⅓ 1,000 … 22 10 0 30 0 0 33⅓ 1,500 … 30 0 0 37 10 0 25 2,000 … 37 10 0 45 0 0 20 2,500 … 45 0 0 48 15 0 8⅓ 2,999 … 51 15 0 51 15 0 0 In the opinion of the Statutory Committee these increases are no more than necessary to bring up to date the finding 98W of the National Board for Prices and Incomes in 1968 that solicitors were making a loss on transactions the consideration for which was £2,000 and perhaps £2,500.