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 facilitates the way you can prove to lender panels that you are, and can stay fully compliant with their requirements, with notifications given on MBS Lending Ltd’s changes. Notwithstanding that using this technology is not a condition for acceptance on the MBS Lending Ltd panel, demonstrating you can remain up to date with MBS Lending Ltd’s Handbook requirements is a helpful support to your application to their lender panel and, just as importantly, safeguard your panel status.
COMPLETIONmonitor generates real-time alerts, automatically produces compliance and CQS reports, and will improve your firm's efficiency. It is also simply to use, cost-effective and, for some firms, leads to a PII saving.
Mortgage companies often vary 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: