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It is one of the conditions that must be satisfied after the firm has already concluded that one of the exceptions applies. https://images.squarespace-cdn.com/content/v1/6a0711b042692f1b0ccc2d50/1780423228594-PDMQN1GY974UKJJH3188/unsplash-image-LcuBRr7pRCc.jpg Risk and Reg Insight - UK Client Conflicts: Consent is not a waiver There is a high risk of a conflict of interest if you act for both a buyer and a seller. You’ll need to decide whether there is a conflict in the circumstances. If there is, then you should not act for both clients. The SRA’s exception for circumstances where the two clients have a “substantially common interest” does not apply to a property purchase. 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