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 facilitates the way you can prove to lender panels that you are, and can remain fully compliant with their requirements, with alerts on RBS - Direct Line One’s changes. While using the tool is not a condition for acceptance on the RBS - Direct Line One panel, demonstrating you can remain up to date with RBS - Direct Line One’s Handbook requirements is a helpful support to your application to their lender panel and, just as importantly, safeguard your panel standing.
COMPLETIONmonitor creates real-time alerts, automatically produces COLP 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.
Mortgage companies often vary their requirements. The UK Finance Lenders’ Handbook requirements from RBS - Direct Line One are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, over time: