Lexsure’s COMPLETIONmonitor is an online pre- and post-completion checklist for residential conveyancing lawyers. Supported by the Council of Mortgage Lenders and PI insurers such as AmTrust. COMPLETIONmonitor is a unique risk management tool.
This system is the only way you can prove to lender panels that you are, and can stay fully compliant with their requirements, with alerts on Lloyds’s changes. Even though utilising the tool is not a prerequisite for Lloyds , demonstrating you can stay up to date with Lloyds’s Handbook requirements is a helpful support to your panel application and, just as importantly, protect your firm’s panel standing.
COMPLETIONmonitor creates real-time alerts, automatically produces compliance and CQS reports, and will improve your firm's efficiency. It is also simply to use, cost-effective and, for many firms, results in a PII saving.
Mortgage companies often 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, over time: