Lexsure’s COMPLETIONmonitor is an online pre- and post-completion checklist for residential conveyancing lawyers. Supported by UK Finance and professional indemnity insurers. COMPLETIONmonitor is a unique risk mitigation tool.
This system assists the way you can demonstrate to lender panels that you are, and can remain fully compliant with their requirements, with alerts on Co operative Bank’s changes. While utilising COMPLETIONmonitor is not a prerequisite for Co operative Bank , demonstrating you can stay up to date with Co operative Bank’s Handbook requirements is a helpful support to your application to their lender panel and, just as importantly, safeguard your firm’s panel standing.
COMPLETIONmonitor generates real-time alerts, automatically produces compliance and CQS reports, and will increase your firm's efficiency. It is also simply to use, cost-effective and, for many firms, leads to reduced PII premiums.
Mortgage companies often vary their requirements. The UK Finance Lenders’ Handbook requirements from Co operative Bank are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, over time: