Lexsure’s COMPLETIONmonitor is web-based pre- and post-completion checklist for residential conveyancing lawyers. It is supported by PI insurers such as AmTrust. It is a unique risk management tool.
This software is the only way you can demonstrate to lender panels that you are, and can remain fully compliant with their instructions, with notifications given on Paragon Mortgages Ltd’s changes. Notwithstanding that using this technology is not a condition for acceptance on the Paragon Mortgages Ltd panel, demonstrating you can remain up to date with Paragon Mortgages Ltd’s Handbook requirements is an excellent support to your application to their lender panel and, just as importantly, protect your firm’s panel standing.
The software creates real-time alerts, automatically produces compliance and CQS reports, and will increase your firm's efficiency. In addition it is simply to use, cost-effective and, for some firms, results in reduced PII premiums.
Mortgage companies often vary their requirements. The UK Finance Lenders’ Handbook requirements from Paragon Mortgages Ltd are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, over time: