The Hammers have little depth behind summer signing Aaron Cresswell at left back, and it seems that manager Sam Allardyce has earmarked Hendrie as the man to provide competition.
Hendrie, 20, has been linked with a move to Celtic in recent weeks, and is out of contract at the end of this season, making Hamilton vulnerable to losing him.
West Ham recently had a £2m bid accepted for Hendrie according to the BBC, but then stalled on the deal - leading to a huge outburst from Hamilton vice-chairman Ronnie McDonald.
"The fee was agreed, Stephen agreed personal terms through his agent and they were meant to come up on New Year’s Day to sign off the deal and didn’t appear," he said.
"They then said they would be up on the 4th of January but didn’t appear so I just cancelled the deal. I’m getting phone calls from London saying that they want to resurrect it but as far as I’m concerned it’s off," added McDonald.
It appeared that the deal was dead in the water after those comments, but now the Daily Mail suggest that Hendrie will fly in to London this week to complete a medical and sign on the dotted line for the Hammers.
After the spat with McDonald, it remains to be seen whether West Ham have had to pay more than the initially agreed £2m, but Hendrie could well be on his way to Upton Park - finally - after David Gold smoothed over relations between the two clubs in order to bring the Scotland Under-21 international to the club.
An interesting side note here is that Hamilton allegedly wanted to bring West Ham left back Dan Potts to Scotland in part-exchange for Hendrie, but he instead looks set to join Blackpool, according to the Daily Mail.