Lexsure’s COMPLETIONmonitor is web-based pre- and post-completion checklist for property lawyers. It is supported by professional indemnity insurers. COMPLETIONmonitor is a unique risk management tool.
This system optimises the way you can prove to lender panels that you are, and can remain fully compliant with their requirements, with alerts on Habito’s changes. Even though utilising the tool is not a prerequisite for Habito , demonstrating you can stay up to date with Habito’s Handbook requirements is an excellent support to your application to their lender panel and, more importantly, protect your firm’s panel standing.
COMPLETIONmonitor creates real-time alerts, automatically produces COLP 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.
Lenders often vary their requirements. The UK Finance Lenders’ Handbook requirements from Habito are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, over time: