Lexsure’s COMPLETIONmonitor is web-based pre- and post-completion checklist for property lawyers. It is supported by professional indemnity insurers. COMPLETIONmonitor is a unique risk management tool.
This software assists the way you can prove to lender panels that you are, and can stay fully compliant with their instructions, with notifications given on Lloyds’s changes. Even though using the software is not a prerequisite for Lloyds , demonstrating you can remain up to date with Lloyds’s Handbook requirements is a helpful support to your application to their lender panel and, just as importantly, protect your panel standing.
COMPLETIONmonitor generates real-time alerts, automatically produces regulatory and CQS reports, and will enhance your firm's efficiency. It is also simply to use, cost-effective and, for some firms, results in reduced PII premiums.
Lenders frequently change their requirements. The UK Finance Lenders’ Handbook requirements from Lloyds are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, over time: