Lexsure’s COMPLETIONmonitor is web-based pre- and post-completion checklist for property lawyers. It is supported by PI insurers such as AmTrust. It is a unique risk management tool.
This system assists the way you can prove to lender panels that you are, and can stay fully compliant with their instructions, with alerts on Coutts & Co’s changes. Notwithstanding that utilising this technology is not a prerequisite for Coutts & Co , demonstrating you can remain up to date with Coutts & Co’s Handbook requirements is a helpful support to your application to their lender panel and, more importantly, protect your panel standing.
COMPLETIONmonitor generates real-time alerts, automatically produces COLP and CQS reports, and will increase your firm's efficiency. In addition it is user friendly, cost-effective and, for some firms, leads to reduced PII premiums.
Lenders often change their requirements. The UK Finance Lenders’ Handbook requirements from Coutts & Co are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, over time: