Removal from the Hodge Equity Release and other lender panels: Why they do it and how to get reinstated
- Persistent delays in registering a charge on behalf of Hodge Equity Release Delays or failure to register the Hodge Equity Release charge may result in referral to external lawyers of Hodge Equity Release to complete outstanding requirements.
- Your firm no longer meets the criteria to remain on the Hodge Equity Release conveyancing panel
- Persistent delays in post completion requirements on behalf of Hodge Equity Release
- Non-compliance with the Hodge Equity Release panel terms, the written instructions that Hodge Equity Release provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Hodge Equity Release may subsequently subscribe.
- Hodge Equity Release may terminate membership of its conveyancing panel where a firm fails to provide any relevant information or provide incorrect information in its application form or in relation to any future requests for information.
Hodge Equity Release panel reinstatement: Five Common Questions
- What happens if our Hodge Equity Release panel reinstatement application is declined and the client of the firm has a mortgage offer with the Hodge Equity Release?
- Is there a cost to be reinstated onto the Hodge Equity Release conveyancing panel?
- Am I restricted as to the amount of occasions my practice can apply to get back on the Hodge Equity Release conveyancing panel?
- How do I discover why this practice’s application for reinstatement was turned down?
- Can you outline the application procedures to revert back onto the Hodge Equity Release conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking Hodge Equity Release panel reinstatement is to ensure that your firm is not removed off of the Hodge Equity Release conveyancing panel in the first place.
Note: Subject to certain conditions Lexsure’s experts or consultants can assist in providing you with guidance for reinstatement onto the Hodge Equity Release conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Hodge Equity Release directly or via their preferred panel manager. Any reinstatement application will have to be made by your firm. For the avoidance of doubt, Lexsure (or the Conveycentric Team) are in no way involved in managing the Hodge Equity Release conveyancing panel.