Lexsure’s COMPLETIONmonitor is an online pre- and post-completion checklist for residential conveyancing lawyers. It is supported by PI insurers such as AmTrust. It is a unique risk management tool.
This system is the only way you can demonstrate to lender panels that you are, and can stay fully compliant with their instructions, with automatic updates on M&S Bank’s changes. Notwithstanding that using the software is not a condition for acceptance on the M&S Bank panel, demonstrating you can stay up to date with M&S Bank’s Handbook requirements is an excellent support to your application to their lender panel and, just as importantly, protect your firm’s panel standing.
The software generates real-time alerts, automatically produces SRA and CQS reports, and will enhance your firm's efficiency. It is also simply to use, cost-effective and, for many firms, leads to a PII saving.
Banks and building societies often vary their requirements. The UK Finance Lenders’ Handbook requirements from M&S Bank are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, frequently: