Lexsure’s COMPLETIONmonitor is web-based pre- and post-completion checklist for property lawyers. It is supported by PI insurers. COMPLETIONmonitor is a unique risk management tool.
This system facilitates the way you can demonstrate to lender panels that you are, and can remain fully compliant with their instructions, with automatic updates on HSBC UK Bank’s changes. While utilising the tool is not a prerequisite for HSBC UK Bank , demonstrating you can stay up to date with HSBC UK Bank’s Handbook requirements is a helpful support to your application to their lender panel and, more importantly, protect your firm’s panel standing.
The system generates real-time alerts, automatically produces COLP and CQS reports, and will improve your firm's efficiency. In addition it is simply to use, cost-effective and, for some firms, leads to a PII saving.
Lenders frequently vary 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: