Lexsure’s COMPLETIONmonitor is an online pre- and post-completion checklist for property lawyers. It is supported by professional indemnity insurers. COMPLETIONmonitor is a unique risk management tool.
This system facilitates the way you can prove to lender panels that you are, and can remain fully compliant with their instructions, with alerts on MBS Lending Ltd’s changes. Notwithstanding that utilising COMPLETIONmonitor is not a prerequisite for MBS Lending Ltd , demonstrating you can stay up to date with MBS Lending Ltd’s Handbook requirements is an excellent support to your application to their lender panel and, just as importantly, protect your panel standing.
The software creates real-time alerts, automatically produces COLP and CQS reports, and will increase your firm's efficiency. It is also user friendly, cost-effective and, for some firms, results in a PII saving.
Lenders often change their requirements. The BSA instructions from MBS Lending Ltd are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, frequently: