Lexsure’s COMPLETIONmonitor is an online pre- and post-completion checklist for property lawyers. It is supported by PI insurers. COMPLETIONmonitor is a unique risk mitigation tool.
This system is the only way you can prove to lender panels that you are, and can stay fully compliant with their instructions, with notifications given on Habito’s changes. Notwithstanding that utilising this technology is not a prerequisite for Habito , demonstrating you can remain up to date with Habito’s Handbook requirements is a helpful support to your panel application and, just as importantly, protect your firm’s panel standing.
The software generates real-time alerts, automatically produces COLP and CQS reports, and will improve your firm's efficiency. It is also user friendly, cost-effective and, for some firms, results in 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: