Lexsure’s COMPLETIONmonitor is web-based pre- and post-completion checklist for property lawyers. It is supported by PI insurers. COMPLETIONmonitor is a unique risk mitigation tool.
This system facilitates the way you can demonstrate to lender panels that you are, and can remain fully compliant with their instructions, with alerts on Bradford & Bingley’s changes. Notwithstanding that using the software is not a prerequisite for Bradford & Bingley , demonstrating you can remain up to date with Bradford & Bingley’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 COLP and CQS reports, and will enhance your firm's efficiency. In addition it is simply to use, cost-effective and, for some firms, leads to a PII saving.
Banks and building societies often change their requirements. The UK Finance Lenders’ Handbook requirements from Bradford & Bingley are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, frequently: