Lexsure’s COMPLETIONmonitor is web-based pre- and post-completion checklist for residential conveyancing lawyers. It is supported by PI insurers such as AmTrust. COMPLETIONmonitor is a unique risk mitigation tool.
This system optimises the way you can prove to lender panels that you are, and can remain fully compliant with their requirements, with automatic updates on Lloyds’s changes. Even though utilising this technology 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 panel standing.
COMPLETIONmonitor creates real-time alerts, automatically produces regulatory and CQS reports, and will improve your firm's efficiency. In addition it is simply to use, cost-effective and, for many firms, leads to a PII saving.
Banks and building societies 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: