Lexsure’s COMPLETIONmonitor is an online pre- and post-completion checklist for residential conveyancing lawyers. It is supported by PI insurers such as AmTrust. It is a unique risk mitigation tool.
This system optimises the way you can demonstrate to lender panels that you are, and can remain fully compliant with their requirements, with alerts on Barclays plc’s changes. Notwithstanding that using COMPLETIONmonitor is not a condition for acceptance on the Barclays plc panel, demonstrating you can remain up to date with Barclays plc’s Handbook requirements is a helpful support to your application to their lender panel and, more importantly, safeguard your panel standing.
COMPLETIONmonitor generates real-time alerts, automatically produces COLP and CQS reports, and will improve your firm's efficiency. It is also user friendly, cost-effective and, for many firms, results in reduced PII premiums.
Banks and building societies often change their requirements. The UK Finance Lenders’ Handbook requirements from Barclays plc are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, over time: