Lexsure’s COMPLETIONmonitor is web-based pre- and post-completion checklist for residential conveyancing lawyers. It is supported by PI insurers. It is a unique risk management tool.
This software optimises the way you can demonstrate to lender panels that you are, and can remain fully compliant with their requirements, with notifications given on Bank of Scotland’s changes. While using the tool is not a condition for acceptance on the Bank of Scotland panel, demonstrating you can remain up to date with Bank of Scotland’s Handbook requirements is a helpful support to your application to their lender panel and, just as importantly, protect your firm’s panel standing.
The system creates real-time alerts, automatically produces SRA and CQS reports, and will improve your firm's efficiency. It is also user friendly, cost-effective and, for some firms, leads to reduced PII premiums.
Lenders often change their requirements. The UK Finance Lenders’ Handbook requirements from Bank of Scotland are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, frequently: