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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

FAQs for the Hodge Equity Release Conveyancing Panel

My IFA has asked me for my law firm’s panel reference for the Hodge Equity Release conveyancing panel. How do I obtain this. I have tried my local Hodge Equity Release office but they have not got back to me yet.
Have you tried speaking to your lawyer about this?. 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.
Our conveyancer has identified a legal deficiency with the lease for the property we are buying. The other side have put forward title insurance as a workaround. We are happy with insurance and will cover the costs. Our lawyer has advised that as he is on the Hodge Equity Release conveyancing panel he must be satisfied that the lender is happy with this solution. Who is the client here, us or Hodge Equity Release?
Just because you have a mortgage offer from Hodge Equity Release does not mean to say that the property will be meet their requirements for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the CML Handbook Requirements. You and Hodge Equity Release are the client. The appropriate lender requirements have to be complied with by the Hodge Equity Release conveyancing panel who has to balance acting for you and Hodge Equity Release
I see that you have a search directory identifying firms on the Hodge Equity Release conveyancing panel. Do firms pay you a commission if I retain them for my house purchase?
We are a listing service only for law firms wishing to communicate if they are on the Hodge Equity Release conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint.
I was expecting to complete on my dream home two days ago. My lawyer’s firm is on the Hodge Equity Release conveyancing panel but has moved offices in the past couple of months 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.
My wife and I have arranged a further advance on our mortgage from Hodge Equity Release as we wish to carry out alterations or improvements our home. Do we need to appoint a solicitor on the Hodge Equity Release conveyancing panel to deal with the paperwork?
Hodge Equity Release would not normally instruct firms on their conveyancing panel to deal with such a matter. If they did require any legal work then you would need to ensure that such a lawyer was on the Hodge Equity Release panel
My husband and I are in the process of looking at houses and now considering a potential offer. Is it best to have a conveyancer on ‘stand by’? I intend to finance via 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 EA. 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.
I am currently in the process of buying my council flat. I have a mortgage agreed with Hodge Equity Release. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event if you are getting a mortgage with Hodge Equity Release you will need to appoint a solicitor on the Hodge Equity Release conveyancing panel.