Answer: There is nothing legally wrong with using the same conveyancer (CPC), however, the AIC does not recommend this practice. Your conveyancer (CPC) is working for you and to give you the best advice and guidance throughout your transaction.
It is not always possible to give a buyer and seller the same advice and a conflict can arise. Sometimes these conflicts are only small but can have a large bearing on your transaction and it is not always possible to predict when a conflict may arise. The small amount of savings made, if any, when using the same conveyancer (CPC) will not balance out the risks that are potentially huge. Large delays can be experienced if the conveyancer (CPC) cannot continue to act for either party if a conflict of interest arises.
Remember that conveyancing is not just the filling out of forms and attending to stamp duty payments. This may be the largest transaction of your life and you will want to know that your conveyancer (CPC) is acting in your best interests and not compromising with someone else's at the same time. Have comfort of mind by using your own CPC.