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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.

Find an Approved Solicitor on the Hodge Equity Release Conveyancing Panel

Frequently asked questions relating to the Hodge Equity Release Solicitor Panel

I am hoping to receive a mortgage with Hodge Equity Release. my intention is to instruct a Licensed Conveyancer. Does the Hodge Equity Release Solicitor panel allow for Licensed Conveyancers
Hodge Equity Release’s conveyancing panel is, like many other lenders associated to the CML or BSA, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
Can you clarify something for me?. For no fault of my lawyer but, my purchase conveyancing has been going on for months. The Local Authority Search from Hodge Equity Release was dated random date and we have agreed a date for me to move into the property on Tues etc. My lawyer says that as she is on the Hodge Equity Release conveyancing panel she needs to reorder the searches as they are now out of date.
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.
How up to date is your search tool for the Hodge Equity Release conveyancing panel? Do Hodge Equity Release send you an updated list?
The law firm practices themselves provide us confirmation that they are on the Hodge Equity Release conveyancing panel as opposed to being supplied with a list from Hodge Equity Release directly.
I was due to complete on my dream home yesterday. My solicitor is on the Hodge Equity Release conveyancing panel but has changed address 8 weeks ago and had not advised Hodge Equity Release of their new address. Hodge Equity Release has locked down the release of mortgage funds until such time as their systems are up to date with the correct details.
This is a rare situation indeed. Most 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.
When it comes to lenders such as Hodge Equity Release do solicitors have to be pay a fee to be on the list of approved solicitors?
We are not aware of any lender fees to be on their panel although some do charge an administration charge to deal with the processing of the conveyancing panel application.
Is it the case that all conveyancing lawyers on the Hodge Equity Release conveyancing panel work on a no move no charge basis?
On the whole there are no requirements by lenders for their firms to operate on a no-sale-no-fee basis. There a small number of lenders who operate a very restricted conveyancing panel managed by a third party company (often termed in the industry as a ‘gatekeeper’). That third party may impose certain conditions such as non-sale-no fee on the panel firms. If you require this as a condition of your conveyancing then you should check with the conveyancing firm that this is part of their service
My brother and I are taking a long lease of a 1st floor apartment in Hendon. Conveyancing solicitors in Hendon will soon beappointed. My motheradvised that we check that the conveyancer in Hendon is on the Hodge Equity Release panel. Aren't all lawyers on the Hodge Equity Release panel?
A limited percentage of Hendon conveyancing firms are on the Hodge Equity Release conveyancing panel. Use the above search tool to find a Hendon conveyancing firm on the on the Hodge Equity Release solicitors pane.