Lexsure’s COMPLETIONmonitor is web-based pre- and post-completion checklist for residential conveyancing lawyers. Supported by the CML and PI insurers. It is a unique risk management tool.
This system optimises the way you can demonstrate to lender panels that you are, and can remain fully compliant with their requirements, with automatic updates on Lloyds’s changes. While utilising 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 panel application and, more importantly, safeguard your firm’s panel status.
COMPLETIONmonitor generates real-time alerts, automatically produces COLP and CQS reports, and will improve your firm's efficiency. In addition it is user friendly, cost-effective and, for some firms, results in reduced PII premiums.
Mortgage companies frequently vary 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, frequently: