Hodge Life Conveyancing Lender Panel Compliance Tool

Lexsure’s COMPLETIONmonitor is an online pre- and post-completion checklist for property lawyers. Supported by the Council of Mortgage Lenders and PI insurers such as AmTrust. COMPLETIONmonitor is a unique risk management tool.

This software facilitates the way you can demonstrate to lender panels that you are, and can remain fully compliant with their requirements, with automatic updates on Hodge Life’s changes. Notwithstanding that using the software is not a condition for acceptance on the Hodge Life panel, demonstrating you can remain up to date with Hodge Life’s Handbook requirements is a helpful support to your application to their lender panel and, just as importantly, safeguard your panel status.

COMPLETIONmonitor generates real-time alerts, automatically produces SRA and CQS reports, and will increase your firm's efficiency. It is also user friendly, cost-effective and, for some firms, leads to reduced PII premiums.

Find a Law Firm approved by Hodge Life

Mortgage companies frequently vary their requirements. The UK Finance Lenders’ Handbook requirements from Hodge Life are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, frequently:

A Timeline of Policy Changes

Since 2008, Hodge Life has made 54 revisions or additions to sections of their version of the CML Handbook.
That equates to a section change every 50.6 days. In total, 29% of the sections of P2 of the UK Finance Lenders’ Handbook for Hodge Life have been changed since 15/12/2008.

To find out more about lender panel compliance,

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Recent Changes Include

# Date Assoc. Changes Related To
16.1.1 06/11/2019 CML
16.5.3b 06/11/2019 CML
16.5.3c 06/11/2019 CML
17.2.1a 06/11/2019 CML
6.12.1 06/11/2019 CML
6.13.1 06/11/2019 CML
6.6.2 06/11/2019 CML
6.7.6 06/11/2019 CML
6.9.1 06/11/2019 CML Unknown Rights and Easements Indemnity Insurance
7.3 06/11/2019 CML

Last update 20/01/2020

Hodge Life Solicitor Panel Recently Asked Questions from members of the public

My financial adviser has says he needs my law firm’s panel member for the Hodge Life conveyancing panel. What is the best way to discover this. I have called my local Hodge Life office but they cant find it on their system.
the sensible thing to do is ask for this information from your solicitor. They should have a central record lender panel numbers including the Hodge Life panel reference.
Can you help?. My lawyer is not to blame but, the conveyancing for my house purchase has been going on for months. The Local Authority Search from Hodge Life was issued random date and we have agreed a date for me to move into the property on Tues etc. My solicitor has advised that as she is on the Hodge Life conveyancing panel she needs to reorder the searches as they are now out of date.
A precondition to being on the Hodge Life approved panel is to comply with the CML Handbook Part 2 obligations (last updated for this lender on Hodge Life)which states that a local authority search be not more than 6 months old. You should nevertheless ask your lawyer to check whether something called ‘search validation’ indemnity insurance is acceptable to Hodge Life.
Having used your search tool I can't find the lawyer I was hoping to instruct as being on the Hodge Life conveyancing panel. My lawyer has said that they are on the Hodge Life approved panel. How can I be sure given that they are not listed on your directory?
Not all firms are yet listed on our lender panel search tool which is still relatively new. Law firms are listing on a daily basis and it is probably the case that your lawyer is on the Hodge Life conveyancing lawyer and you should probably take them at their word. Please do feel free to suggest that they completing their listing on our site as it would only cost them £1 a month to list themselves as being on the Hodge Life solicitor panel.
We're in Liverpool, FTBs purchasing with a mortgage (lender is Hodge Life , but our solicitor is on the Hodge Life conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Hodge Life conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancer should guarantee a time-frame for your conveyancing due to third parties outside of our control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain
When it comes to mortgage companies such as Hodge Life do lawyers have to be pay a fee to be on the list of approved solicitors?
We are not aware of any lender fees to be on their panel although some do charge an administration charge to deal with the processing of the conveyancing panel application.
We are getting a further advance on our mortgage from Hodge Life as we wish to carry out a loft conversion to our home. Do we need to appoint a solicitor on the Hodge Life conveyancing panel to deal with the legals?
Hodge Life do not ordinarily appoint a member of their approved list of lawyers to deal with such a matter. If they did require any legal work then you would need to ensure that such a lawyer was on the Hodge Life list
I am selling my flat. I had a double glazing fitted in month 8 but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's lender, Hodge Life are being difficult. The solicitor who is on the Hodge Life conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Hodge Life are insisting on a building regulation certificate. Why do Hodge Life have a conveyancing panel of they don’t accept advice from them?
It is probably the case that Hodge Life have referred the matter to their valuer. The reason why Hodge Life may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing correctly and safely installed. It merely protects against enforcement action which is very unlikely anyway.