Hodge Life Solicitor Panel Recently Asked Questions from members of the public
My mortgage broker has asked me for my lawyer’ panel member for the Hodge Life conveyancing panel. How do I discover this. I have e-mailed my local Hodge Life branch but they cant find it on their system.
Have you tried speaking to your lawyer about this?. A law firm is likely to keep a file or database of lender panel information which would include, if applicable their conveyancing panel details for Hodge Life.
We are due to exchange on the purchase a house but as a result of damage from the recent storms I have agreed compensation from the seller of £3k approx by way of a reduction in the price. This was going to be dealt with as part of the conveyancing process but my mortgage company Hodge Life will not agree to this. Why was Hodge Life even consulted?
Your lawyer being on the Hodge Life conveyancing panel is duty bound to inform Hodge Life of any changes to the purchase price. If you were to refuse your lawyers to disclose the reduction to Hodge Life then they would have to discontinue acting for you and Hodge Life.
I am looking to buy a property and require a conveyancing solicitor in Leeds who is on the Hodge Life solicitor. Can you recommend a local conveyancing firm?
Our service is a directory service for firms who wish to be listed as being on the approved conveyancing panel for Hodge Life . We don’t recommend any particular firm.
My aunt passed away six months ago and as sole heir and executor was left the house. The house had a relatively small loan remaining of approximately £4500. I want to transfer the title deeds into my name whilst I re-mortgage to Hodge Life , pay off the mortgage etc. Is this allowed?
If you intend to re-mortgage then Hodge Life will insist on your using a conveyancer on the Hodge Life conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Hodge Life conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Hodge Life mortgage is registered as a charge at the Land Registry.
Do most lenders operate their own panel of solicitors?
Many lenders do operate a restricted conveyancing panel but a lot of lenders allow any solicitors to join their panel so long as they meet their criteria. Each lender sets their own criteria. For example the Hodge Life conveyancing panel requirements are different to Hodge Life’s conveyancing panel requirements.
We were going to get a DIP from Hodge Life this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc).Do the Hodge Life recommend a solicitor on the Hodge Life conveyancing panel, or is it better to find our own lawyer
You will need to appoint solicitors independently although you'll need to choose one on the Hodge Life conveyancing panel. The solicitor represents both you and the Hodge Life through the process.
My ex -wife’s name is on the Hodge Life mortgage of my property but not on the land registry. The apartment was transferred to me on our divorce many years ago by way of a sealed court order. Does my ex still have a say on the sale even though the land registry showing the property in my name alone? Will I be required to take her name of the Hodge Life mortgage in order to sell?
In terms of the Hodge Life mortgage, it is unusual that your ex-wife’s name remains on the mortgage but not on the title. It is conceivable that this is an oversight on the part of your conveyancers to ensure that her name was removed or even an administrative error on the part of Hodge Life in failing to update their data. In any event, it should cause difficulty providing her name no longer appears on the Land Registry title and you have a court order ordering that the property is transferred to you.