Hodge Equity Release Conveyancing Panel Information

Hodge Equity Release’s answer to this question can be found at section 6.4.4 of their CML Part 2 requirements

The Council of Mortgage Lenders do not retain data sets of the Part 2's Pre January 2011. We would recommend you make a request of Hodge Equity Release directly.

You might expect Hodge Equity Release via their Part Two conditions to address this but the Handbook is silent on time frames. You need to look at the Terms of Hodge Equity Release’s Conveyancing Panel Appointment that you entered into. For many lender's these Terms include a provision along the following lines: ‘To keep us informed of the reasons for any delay in your being able to send the title deeds and documents we require to us within 3 months of completion or evidence of proof of registration within that period. (We will send reminders if the deeds have not been received but will not acknowledge receipt of deeds’ It is important to keep Hodge Equity Release informed. Law firms can often compound their problems by not communicating with the lender when there is a delay or problem.

For most lenders participation on the lender's panel of conveyancers is at the absolute discretion of the the lender. Many lenders reserve the right to accept or reject any application without giving any reason. You should check your original application to join the Hodge Equity Release conveyancing panel to see if you are entitled to a reason.

It would be advisable to provide details of the date of removal, information on the reason for removal, date of appeal and any reason given for reinstatement. This should not adversely impact your application but gives the CQS team viability as to what has occured.

You need to contact Hodge Equity Release to obtain standard documents. The CML Handbook incorporates a specific section for banks to establish who to contact to obtain standard documents. Hodge Equity Release in their Part 2’s state: It is likely that you will need to quote your Hodge Equity Release conveyancing panel number.