Hodge Equity Release Conveyancing Panel Information

The Council of Mortgage Lenders (or the BSA) do not involve themselves in training but they do host numerous general legal related conferences which are attended by firms on the Hodge Equity Release conveyancing panel. We do intend to run specific lender focused seminars in the coming months including a webinar on Hodge Equity Release’s Part 2 requirements. Solicitors on the Hodge Equity Release conveyancing panel are welcome. Information about the webinar will be communicated as part of the LENDERmonitor Alerts.

Section 16.2.1 of the UK Finance Lenders’ Handbook relevant to a solicitor on the Hodge Equity Release conveyancing panel reads ‘Our mortgage secures further advances. Consequently, when a further advance is required for alterations or improvements to the property we will not normally instruct a member of our conveyancing panel but if you are instructed the appropriate provisions of this Handbook will apply’.

Lexsure only know of two or three banks that operate a distinct approved solicitors panel where the mortgage advance is over a certain amount. You should nevertheless check directly with Hodge Equity Release. At one stage HSBC would only allow Sole practitioners to act for them where the mortgage was below £150,000. We are not sure if HSBC still operate such a condition. In your case it is best to check with Hodge Equity Release

14 borrowers search for a conveyancer on the Hodge Equity Release panel every 4 weeks in Hendon. Feel free to contact the Lexsure team who will tell how your firm can be listed by those searching for conveyancing in Hendon.

You should supply details of the date of removal, information on the reason for removal, date of appeal and any reason given for reinstatement. This should not negatively affect your firm’s application but gives the CQS team a complete picture of what has occured.

You would be advised to contact Hodge Equity Release to obtain standard documents. The CML Handbook includes an express section for lenders to establish who to contact to obtain standard documents. Hodge Equity Release in their Part 2’s state: You will need to disclose the firm’s Hodge Equity Release conveyancing panel reference.