Lexsure’s COMPLETIONmonitor is web-based pre- and post-completion checklist for residential conveyancing lawyers. It is supported by professional indemnity insurers. It is a unique risk management tool.
This system assists the way you can prove to lender panels that you are, and can remain fully compliant with their instructions, with automatic updates on Cynergy Bank’s changes. Even though utilising this technology is not a condition for being on the Cynergy Bank panel, demonstrating you can remain up to date with Cynergy Bank’s Handbook requirements is an excellent support to your panel application and, more importantly, protect your firm’s panel standing.
The system creates real-time alerts, automatically produces SRA 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 Cynergy Bank are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, over time: