Removal from the Hodge and other lender panels: Why they do it and how to get reinstated
- Your firm no longer meets the criteria to remain on the Hodge conveyancing panel
- Failure to act in accordance with the Hodge panel requirements, the written instructions that Hodge provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Hodge may subsequently adopt.
- Significant delays in registering security on behalf of Hodge Delays or failure to register the Hodge charge may result in referral to external lawyers of Hodge to complete outstanding requirements.
- Hodge 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 non-compliance with post completion requirements on behalf of Hodge
Hodge panel reinstatement : questions that we get asked
- Am I restricted as to the number of times my law firm can submit applications to get back on the Hodge conveyancing panel?
- Can we act for Hodge while the application for reinstatement on the Hodge panel is being processed? How do I know if our reinstatement appeal to the Hodge panel is approved?
- Is there a fee to be reinstated onto the Hodge conveyancing panel?
- What are our options if our reinstatement panel submission with Hodge is declined?
- Does the COLP in my firm need to sign the reinstatement application to the Hodge panel ?
Top Tip: The best way to avoid the hassle of seeking Hodge panel reinstatement is to ensure that your firm is not removed off of the Hodge 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 conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Hodge 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 conveyancing panel.