Lexsure’s COMPLETIONmonitor is web-based pre- and post-completion checklist for residential conveyancing lawyers. Supported by Council of Mortgage Lenders and PI insurers such as AmTrust. COMPLETIONmonitor is a unique risk management tool.
This system is the only way you can prove to lender panels that you are, and can stay fully compliant with their requirements, with automatic updates on HSBC UK Bank’s changes. While utilising this technology is not a condition for being on the HSBC UK Bank panel, demonstrating you can remain up to date with HSBC UK Bank’s Handbook requirements is a helpful support to your panel application and, just as importantly, protect your firm’s panel status.
The software creates real-time alerts, automatically produces SRA and CQS reports, and will enhance your firm's efficiency. It is also user friendly, cost-effective and, for many firms, results in reduced PII premiums.
Mortgage companies frequently change their requirements. The UK Finance Lenders’ Handbook requirements from HSBC UK Bank are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, over time: