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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
Hodge Equity Release Conveyancing Panel Example Support Desk Enquires
I appointed a solicitor to carry out on my purchase three weeks ago having applied for a mortgage with Hodge Equity Release. The solicitors reassured me that they are on Hodge Equity Release conveyancing panel and provided me their panel number. Hodge Equity Release then ,via my broker advised that their panel number was dormant and would need to be reactivated. What happens next? Should I appoint a new solicitor currently on the approved panel for Hodge Equity Release?
The answer depends on whether you still have confidence in the said solicitors and how long it will take for the firm to be reinstated on the Hodge Equity Release conveyancing panel You may wish to enlist the help of your broker to check with the Hodge Equity Release as to the time frame to get your lawyer reinstated on the panel once again.
Much to my surprise my conveyancer has informed me that he requires proof of ID documents stating that this forms part of his obligations as a conveyancer on the Hodge Equity Release Conveyancing panel. Am I being spun a yarn?
Anti-terror and anti-money-laundering rules require solicitors and licensed conveyancers to verify the identity of the person or body they are dealing with before they can accept their conveyancing business. The Client Care letter that you need to sign will no doubt confirm this. Your lawyer is right that Hodge Equity Release also require certain documents to be viewed. If a you refuse to provide ID verification documents, your conveyancer would not be able to accept instructions from you. Your lawyer also has obligations to obtain certain documents in accordance with Hodge Equity Release CML Handbook requirements last updated on Hodge Equity Release
I have checked your search tool I can't find the lawyer I was hoping to instruct as being on the Hodge Equity Release conveyancing panel. My lawyer has said that they are on the Hodge Equity Release approved panel. How can I be sure given that they are not listed on your directory?
Not all firms are yet listed on our lender panel search tool which is still relatively new. Law firms are listing on a daily basis and it is probably the case that your lawyer is on the Hodge Equity Release conveyancing lawyer and you should probably take them at their word. Please do feel free to suggest that they completing their listing on our site as it would only cost them £1 a month to list themselves as being on the Hodge Equity Release solicitor panel.
I would like to get my former partner removed the mortgage deeds. Can Hodge Equity Release really tell me which solicitor I can or can not use?
You can use any solicitor you like but Hodge Equity Release then has the right to appoint a different solicitor to act for them at your expense. It might be more cost effective and quicker to instruct a lawyer who is on the Hodge Equity Release solicitors panel
is it true that all solicitor firms on the Hodge Equity Release conveyancing panel overseen by the Solicitors Regulatory Authority?
As solicitors, in order to be on the Hodge Equity Release conveyancing panel they would need to be regulated by the SRA. Many lenders do allow licenced conveyancers on their panel in which case such firms would be regulated by the Council of Licensed Conveyancers (CLC).
I was thinking of purchasing my friend’s property. Assuming we can agree a figure, what’s the best way to move forward? I plan to obtain a mortgage with Hodge Equity Release. Is there anyway to cut out the solicitors to save us both money? My father said that years ago it was possible to take the documents into the local Land Registry office and they did the rest
If you are getting a mortgage with Hodge Equity Release involved you will need to appoint a solicitor on the Hodge Equity Release conveyancing panel. We would not encourage you to both use the same solicitors' firm. There are clear conflict of interest issues and it's not going to make a huge difference to the speed of the overall process. So as not to hold things us you should pass on your solicitors details to Hodge Equity Release. Feel free to use our search tool to look for a licensed conveyancer or solicitor on the Hodge Equity Release conveyancing panel.
My husband and I are in the process of viewing houses and am about to put in an offer. Is it premature to have a solicitor in place? I I am planning to take 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.
Other Topics
Transfer of Equity for Hodge Equity ReleasePlease note that Lexsure Ltd is in no way associated with nor affiliated with Lexsure Solicitors