Lexsure’s COMPLETIONmonitor is an online pre- and post-completion checklist for residential conveyancing lawyers. Supported by Council of Mortgage Lenders and PI insurers such as AmTrust. COMPLETIONmonitor is a unique risk management tool.
This software facilitates the way you can demonstrate to lender panels that you are, and can stay fully compliant with their requirements, with alerts on Bank of Scotland’s changes. Notwithstanding that utilising the tool is not a condition for acceptance on the Bank of Scotland panel, demonstrating you can stay up to date with Bank of Scotland’s Handbook requirements is a helpful support to your panel application and, just as importantly, protect your firm’s panel standing.
COMPLETIONmonitor generates real-time alerts, automatically produces compliance and CQS reports, and will enhance your firm's efficiency. It is also simply to use, cost-effective and, for many firms, leads to reduced PII premiums.
Lenders frequently 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, over time: