Lexsure’s COMPLETIONmonitor is web-based pre- and post-completion checklist for property lawyers. It is supported by PI insurers. It is a unique risk mitigation tool.
This system assists the way you can demonstrate to lender panels that you are, and can stay fully compliant with their instructions, with automatic updates on Lloyds’s changes. Notwithstanding that utilising the tool is not a prerequisite for Lloyds , demonstrating you can stay up to date with Lloyds’s Handbook requirements is an excellent support to your application to their lender panel and, just as importantly, protect your firm’s panel status.
COMPLETIONmonitor generates real-time alerts, automatically produces regulatory and CQS reports, and will increase your firm's efficiency. In addition it is simply to use, cost-effective and, for many firms, leads to reduced PII premiums.
Mortgage companies 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, frequently: