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 mitigation tool.
This system assists the way you can prove to lender panels that you are, and can remain fully compliant with their instructions, with notifications given on Hampden’s changes. Even though utilising this technology is not a condition for acceptance on the Hampden panel, demonstrating you can remain up to date with Hampden’s Handbook requirements is an excellent support to your application to their lender panel and, more importantly, safeguard your panel status.
COMPLETIONmonitor generates real-time alerts, automatically produces SRA and CQS reports, and will improve your firm's efficiency. It is also simply to use, cost-effective and, for some firms, leads to a PII saving.
Banks and building societies often change their requirements. The UK Finance Lenders’ Handbook requirements from Hampden are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, frequently: