Lexsure’s COMPLETIONmonitor is web-based pre- and post-completion checklist for residential conveyancing lawyers. Supported by the CML and PI insurers such as AmTrust. It 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 instructions, with alerts on ITL Mortgages’s changes. Notwithstanding that utilising this technology is not a condition for acceptance on the ITL Mortgages panel, demonstrating you can stay up to date with ITL Mortgages’s Handbook requirements is a helpful support to your application to their lender panel and, just as importantly, protect your panel status.
The software creates real-time alerts, automatically produces COLP and CQS reports, and will enhance your firm's efficiency. In addition it is simply to use, cost-effective and, for some firms, results in reduced PII premiums.
Mortgage companies often vary their requirements. The UK Finance Lenders’ Handbook requirements from ITL Mortgages are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, frequently: