Hodge Life Conveyancing Panel Recently Asked Questions
from members of the public
I have been advised by my broker that I have to pay Hodge Life fees if I use my own solicitor. How good are the Hodge Life conveyancing panel solicitors? I dont care which law firm I use provided that they are good and reasonably priced. Would you recommend a specific law firm on the Hodge Life panel?
Hodge Life’s conveyancing panel is substantial so your best bet is just to check with the firms you are getting quotes from whether they are on it. You can search by postcode on the search tool on this site to find solicitors that Hodge Life will allow to act for them.
My husband and I changing mortgage lender for our maisonette with Hodge Life. We have a son 18 who lives with us. The solicitor on the Hodge Life conveyancing panel requested us to identify any adults other than ourselves who lives in the flat. Our lawyer has now e-mailed a document for our son to sign, giving up any rights in the event that the apartment is forfeited by the lender. I have a couple of concerns (1) Is this document specific to the Hodge Life conveyancing panel as he did not need to sign this form when we remortgaged 3 years ago (2) Does our son by signing this giving up his rights to inherit the property?
On the face of it your lawyer has done nothing wrong as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to Hodge Life .This is solely used to protect the Hodge Life if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave.
It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of Hodge Life had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.
Whilst your website is a good idea there are many lawyers listed near Chelsea on the Hodge Life conveyancing panel. It would be a lot more helpful if you could recommend a specific firm on the Hodge Life approved panel?
We do not recommend specific firms as the right firm for you depends on where your priorities lie. For example you may require a local firm with local knowledge or you might be looking for the low cost conveyancing. Before you appoint your lawyer we advise you to speak to two or three of the firms listed to gain comfort as to which one is right for you..
I would like to get my ex-husband taken off the mortgage deeds. Can Hodge Life really tell me which solicitor I can or can not instruct?
You can use any solicitor you like but Hodge Life 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 Life solicitors panel
is it true that all solicitor practices on the Hodge Life conveyancing panel overseen by the SRA?
As a firm of solicitors, in order to be on the Hodge Life conveyancing panel they would need to be regulated by the Solicitors Regulatory Authority. 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 had instructed online conveyancers based in Manchester who are on the Hodge Life solicitor panel. They are now charging me a separate fee of £195 for dealing with the Hodge Life mortgage. Is this an additional conveyancing fee set by Hodge Life?
Unfortunately, as long as it is in their Terms and Conditions or Quote then yes your solicitors can charge a fee for this. This fee is not set by Hodge Life but by your lawyers. Some firms on the Hodge Life will charge an ‘acting for lender’ fee but plenty of firms include it on their overall fee.
I am currently in the process of buying my council flat. I have a mortgage agreed with Hodge Life. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event if you are getting a mortgage with Hodge Life you will need to appoint a solicitor on the Hodge Life conveyancing panel.