Lexsure’s COMPLETIONmonitor is web-based pre- and post-completion checklist for property lawyers. Supported by the CML and PI insurers such as AmTrust. COMPLETIONmonitor is a unique risk mitigation tool.
This system assists the way you can demonstrate to lender panels that you are, and can stay fully compliant with their instructions, with automatic updates on Paragon Mortgages Ltd’s changes. Notwithstanding that utilising this technology is not a condition for being on the Paragon Mortgages Ltd panel, demonstrating you can remain up to date with Paragon Mortgages Ltd’s Handbook requirements is a helpful support to your panel application and, more importantly, protect your firm’s panel status.
The software generates real-time alerts, automatically produces COLP and CQS reports, and will increase your firm's efficiency. In addition it is user friendly, cost-effective and, for many firms, results in a PII saving.
Mortgage companies frequently 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: