Removal from the Hodge Equity Release and other lender panels: Why they do it and how to get reinstated
- Non-compliance with the Hodge Equity Release panel requirements, 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 provides false answers in its application form or in relation to any future requests for information.
- Significant 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
- Missing deadline to reapply to be on the Hodge Equity Release convincing panel
Hodge Equity Release panel reinstatement : questions that we get asked
- Can we act for Hodge Equity Release while the application for reinstatement on the Hodge Equity Release panel is being progressed? How do I find out if our reinstatement appeal to the Hodge Equity Release panel is accepted?
- What times frames are involved when applying to revert back onto the Hodge Equity Release conveyancing panel?
- Is it possible to find out this practice’s application for reinstatement was declined?
- Is there a cost to revert back onto the Hodge Equity Release conveyancing panel?
- Is the door firmly shut if our reinstatement panel application with Hodge Equity Release is refused?
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.