Lexsure’s COMPLETIONmonitor is an online pre- and post-completion checklist for property lawyers. It is supported by PI insurers such as AmTrust. It is a unique risk mitigation tool.
This system optimises 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 condition for acceptance on the Lloyds panel, demonstrating you can remain up to date with Lloyds’s Handbook requirements is an excellent support to your application to their lender panel and, more importantly, safeguard your panel status.
COMPLETIONmonitor creates real-time alerts, automatically produces compliance and CQS reports, and will increase your firm's efficiency. In addition it is simply to use, cost-effective and, for some firms, leads to a PII saving.
Lenders 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, frequently: