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approved by HodgeEquityRelease
Ready to buy a new home? Failing to check that a lawyer is on the HodgeEquityRelease list of approved solicitors can put your transaction at risk of delay or failure.
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How does my firm apply to be on the Hodge Equity Release Conveyancing Panel? How can my firm be reinstated onto the Hodge Equity Release Conveyancing Panel?Find an Approved Solicitor on the Hodge Equity Release Conveyancing Panel
FAQs : The Hodge Equity Release Solicitor Panel
My mortgage broker has says he needs my lawyer’ panel reference for the Hodge Equity Release conveyancing panel. Can you suggest how I discover this. I have called my local Hodge Equity Release branch but they don't know it.
the sensible thing to do is ask for this information from your solicitor. A law firm is likely to keep a file or database of lender panel information which would include, if applicable their conveyancing panel details for Hodge Equity Release.
Can you clarify something for me?. My lawyer is not to blame but, my purchase conveyancing has been going on for months. The Local Authority Search from Hodge Equity Release was issued random date and we have agreed a date for me to move into the property on 6. My lawyer has advised that as she is on the Hodge Equity Release conveyancing panel she needs to redo the searches as they are no longer valid.
One of the many conditions to being on the Hodge Equity Release approved panel is to comply with the CML Handbook Part 2 obligations (last updated for this lender on Hodge Equity Release)which specifies that a local authority search be not more than half a year old. You should nevertheless ask your lawyer to check whether something called ‘search validation’ indemnity insurance is acceptable to Hodge Equity Release.
I am looking for conveyancing quotes online. Can I be sure that all the law firms that are listed on your site are on the Hodge Equity Release conveyancing panel?
The law firms listed on our site have assured us via an online form that they are on the Hodge Equity Release panel and agreed to advise us to take down their listing in the event of removal off of the Hodge Equity Release panel. To date we have not been informed by either a bank or a member of the public that the data about a specific firm being on the Hodge Equity Release conveyancing panel is not accurate.
I was supposed to complete on my first house last Thursday. My solicitor is on the Hodge Equity Release solicitors panel but has moved offices 8 weeks ago and had not advised Hodge Equity Release of their new address. Hodge Equity Release is now refusing to release my funds until such time as their systems are up to date with the correct details.
This is a rare situation indeed. The majority of lender Terms of Conveyancing Panel Appointment specifically oblige the solicitor to inform the lender of an address change. Your solicitor needs to treat this with the utmost urgency. Do speak with or register your concern with the senior partner (assuming he or she is not your direct lawyer). Most lenders would be reasonable in this situation and expedite the resolution of this issue. It may be prudent to enlist the help of your local Hodge Equity Release branch or your mortgage broker to see if they can help.
Is the case that all CQS (Conveyancing Quality Scheme) solicitors on the Hodge Equity Release conveyancing panel?
Some major lenders now use the accreditation scheme as the starting point for Panel approval such as HSBC and Santander. The Law Society’s CQS accreditation however gives no guarantee to lender panel acceptance. That being said,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for firms wishing to join their approved list of firms.
Do most banks operate their own panel of solicitors?
Many lenders do operate a restricted conveyancing panel but a lot of lenders allow any solicitors to join their panel so long as they meet their criteria. Each lender sets their own criteria. For example the Hodge Equity Release conveyancing panel requirements are different to Hodge Equity Release’s conveyancing panel criteria.
My fiance and I are in the throws of looking at flats and am about to put in an offer. Is it premature to have a solicitor in place? I will be getting a mortgage with Hodge Equity Release
You should start obtaining conveyancing quotes from solicitors ASAP. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their details on the the estate agent. As you are getting a mortgage with Hodge Equity Release , make sure you remember to check that your lawyer is on the Hodge Equity Release conveyancing panel.
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Transfer of Equity for Hodge Equity ReleasePlease note that Lexsure Ltd is in no way associated with nor affiliated with Lexsure Solicitors