Removal from the Hodge Equity Release and other lender panels: Why they do it and how to get reinstated
- Your firm fails to meet the criteria to remain on the Hodge Equity Release conveyancing panel
- Breaches of Hodge Equity Release conveyancing panel requirements
- Failure to reapply to be on the Hodge Equity Release convincing panel
- 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 adopt.
- Recurring 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.
Top questions concerning Hodge Equity Release panel reinstatement
- To what extent is my firm permanently excluded if my firm’s reinstatement panel submission with Hodge Equity Release is turned down?
- What are the consequences if our Hodge Equity Release panel reinstatement application is rejected and our client has a mortgage application with the Hodge Equity Release?
- How do I discover why my firm’s application for reinstatement was declined?
- How long does the application process take when applying to revert back onto the Hodge Equity Release conveyancing panel?
- Am I restricted as to the number of times my firm can apply to be reinstated on 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.